Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Short Interest Down 25.5% in April

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 23,700 shares, a drop of 25.5% from the March 31st total of 31,800 shares. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is currently 2.5 days.

Wheeler Real Estate Investment Trust Price Performance

WHLRD stock opened at $15.61 on Monday. The stock has a 50-day moving average price of $14.92 and a 200-day moving average price of $14.18. Wheeler Real Estate Investment Trust has a 1-year low of $9.50 and a 1-year high of $16.20.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

A hedge fund recently bought a new stake in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC acquired a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust makes up 2.0% of Cable Car Capital LLC’s portfolio, making the stock its 17th biggest holding.

About Wheeler Real Estate Investment Trust

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.