Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Drops By 95.5%

by · The Cerbat Gem

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1 shares, a decrease of 95.5% from the December 15th total of 22 shares. Based on an average trading volume of 736 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 736 shares, the short-interest ratio is currently 0.0 days.

Wheeler Real Estate Investment Trust Stock Performance

Shares of NASDAQ:WHLRL remained flat at $97.00 during midday trading on Monday. 4,403 shares of the company traded hands, compared to its average volume of 1,945. The firm has a fifty day moving average price of $94.50 and a two-hundred day moving average price of $119.54. Wheeler Real Estate Investment Trust has a 1-year low of $78.00 and a 1-year high of $183.36.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wheeler Real Estate Investment Trust in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on WHLRL

About Wheeler Real Estate Investment Trust

(Get Free Report)

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRL) is a publicly traded real estate investment trust that acquires and owns single-tenant net leased properties critical to everyday consumer needs. The company’s portfolio is focused on net leased retail assets under long-term, triple-net leases, providing stable rental income while transferring most property-level expenses to tenants.

The trust’s holdings span a diverse range of property types, including restaurants, convenience stores, automotive service centers and other service-oriented businesses.

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