Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,249 shares, a growth of 3,022.5% from the May 31st total of 40 shares. Based on an average daily volume of 4,281 shares, the short-interest ratio is presently 0.3 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of NASDAQ:WHLRL opened at $78.17 on Friday. The stock’s 50-day moving average price is $80.55 and its two-hundred day moving average price is $87.56. Wheeler Real Estate Investment Trust has a 12-month low of $78.00 and a 12-month high of $151.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a research note on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Wheeler Real Estate Investment Trust has a consensus rating of “Sell”.

About Wheeler Real Estate Investment Trust

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.