Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Up 53.6% in August

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 4,300 shares, an increase of 53.6% from the August 15th total of 2,800 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 0.8 days.

Wheeler Real Estate Investment Trust Price Performance

WHLRP stock traded up $0.04 during midday trading on Friday, hitting $2.25. 719 shares of the company’s stock were exchanged, compared to its average volume of 4,604. The firm has a 50 day moving average price of $2.40 and a 200-day moving average price of $1.97. Wheeler Real Estate Investment Trust has a 12-month low of $1.11 and a 12-month high of $3.61.

About Wheeler Real Estate Investment Trust

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.