Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Sees Large Growth in Short Interest

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 81,400 shares, a growth of 2,161.1% from the January 15th total of 3,600 shares. Currently, 7.0% of the shares of the company are sold short. Based on an average daily trading volume, of 468,600 shares, the short-interest ratio is currently 0.2 days.

Wheeler Real Estate Investment Trust Stock Performance

Shares of NASDAQ:WHLR opened at $4.35 on Thursday. The company’s 50-day moving average price is $12.01 and its 200 day moving average price is $22.85. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.89 and a fifty-two week high of $717.60.

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.