Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Shares Down 0.9% – Should You Sell?

Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) traded down 0.9% on Monday . The company traded as low as $4.40 and last traded at $4.40. 3,648 shares were traded during trading, a decline of 41% from the average session volume of 6,209 shares. The stock had previously closed at $4.44.

Wheeler Real Estate Investment Trust Trading Down 0.9%

The firm’s 50-day simple moving average is $3.98 and its 200 day simple moving average is $3.94.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.83) EPS for the quarter. The firm had revenue of $23.82 million during the quarter.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. Susquehanna International Group LLP bought a new position in shares of Wheeler Real Estate Investment Trust during the 3rd quarter worth approximately $67,000. Wolverine Asset Management LLC purchased a new position in shares of Wheeler Real Estate Investment Trust in the 2nd quarter worth approximately $219,000. Ursa Fund Management LLC boosted its holdings in shares of Wheeler Real Estate Investment Trust by 57.5% in the 3rd quarter. Ursa Fund Management LLC now owns 197,292 shares of the company’s stock worth $835,000 after buying an additional 71,992 shares during the last quarter. Finally, Magnetar Financial LLC purchased a new position in Wheeler Real Estate Investment Trust in the second quarter valued at approximately $866,000.

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.