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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,307 shares, a drop of 52.8% from the April 30th total of 7,010 shares. Based on an average daily volume of 1,365 shares, the short-interest ratio is presently 2.4 days.

Wheeler Real Estate Investment Trust Trading Down 2.4%

Shares of NASDAQ WHLRP opened at $7.91 on Friday. Wheeler Real Estate Investment Trust has a 52 week low of $3.14 and a 52 week high of $8.24. The firm has a 50-day moving average price of $7.12 and a 200 day moving average price of $6.02.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last announced its quarterly earnings data on Friday, May 8th. The company reported ($14.55) EPS for the quarter. The company had revenue of $24.01 million for the quarter.

Institutional Trading of Wheeler Real Estate Investment Trust

A hedge fund recently bought a new stake in Wheeler Real Estate Investment Trust stock. Susquehanna International Group LLP acquired a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,857 shares of the company’s stock, valued at approximately $67,000.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRP) is a real estate investment trust that specializes in the acquisition and management of single-tenant retail and industrial properties under long-term, triple-net leases. The company’s investment strategy focuses on securing creditworthy tenants—often in sectors such as automotive services, fast food, medical services and banking—to generate stable, predictable rental income over the life of each lease.

Wheeler REIT’s portfolio spans a broad range of lower-middle market properties across the United States, offering geographic diversification and reducing exposure to any single market or tenant.