Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Up 199.1% in December

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 242,000 shares, a growth of 199.1% from the November 30th total of 80,900 shares. Currently, 18.5% of the company’s shares are short sold. Based on an average daily volume of 658,400 shares, the days-to-cover ratio is presently 0.4 days.

Wheeler Real Estate Investment Trust Stock Performance

Shares of Wheeler Real Estate Investment Trust stock opened at $3.94 on Thursday. The stock has a market capitalization of $2.55 million, a PE ratio of -0.01 and a beta of 1.43. The stock has a 50 day moving average price of $7.34 and a two-hundred day moving average price of $7.93. Wheeler Real Estate Investment Trust has a 52 week low of $3.73 and a 52 week high of $243.29.

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.