Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Shares Shorted: Short Interest Down 40.2% in September

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 149 shares, a decline of 40.2% from the September 15th total of 249 shares. Based on an average daily trading volume, of 2,542 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Wheeler Real Estate Investment Trust Stock Performance

NASDAQ:WHLRL opened at $85.00 on Thursday. Wheeler Real Estate Investment Trust has a twelve month low of $78.00 and a twelve month high of $119.50. The stock has a fifty day simple moving average of $80.90 and a 200-day simple moving average of $80.45.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc is a real estate investment trust focused on owning, leasing and managing grocery-anchored and other neighborhood shopping centers. Its properties are generally designed to serve everyday consumer needs and may include grocery stores, pharmacies, restaurants, service providers and other retail tenants.

The company has historically concentrated its portfolio in secondary and tertiary markets across the Mid-Atlantic and Southeastern United States.