Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Short Interest Down 80.1% in June

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 249 shares, a decrease of 80.1% from the June 15th total of 1,249 shares. Based on an average daily trading volume, of 406 shares, the short-interest ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Wheeler Real Estate Investment Trust Stock Performance

Wheeler Real Estate Investment Trust stock remained flat at $80.00 on Friday. Wheeler Real Estate Investment Trust has a twelve month low of $78.00 and a twelve month high of $151.50. The company has a fifty day moving average price of $80.34 and a 200-day moving average price of $86.74.

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.