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 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. Based on an average trading volume of 468,600 shares, the short-interest ratio is currently 0.2 days. Currently, 7.0% of the shares of the stock are short sold.

Wheeler Real Estate Investment Trust Stock Performance

Shares of NASDAQ WHLR traded down $0.13 during trading hours on Wednesday, hitting $4.22. 90,789 shares of the stock were exchanged, compared to its average volume of 897,394. Wheeler Real Estate Investment Trust has a 1-year low of $3.89 and a 1-year high of $717.60. The company has a market cap of $675,200.00, a PE ratio of 0.00 and a beta of 1.51. The company’s fifty day simple moving average is $12.39 and its two-hundred day simple moving average is $22.98.

Wheeler Real Estate Investment Trust Company Profile

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.