Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Down 23.8% in March

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 9,083 shares, a decrease of 23.8% from the February 26th total of 11,913 shares. Based on an average trading volume of 2,672 shares, the short-interest ratio is presently 3.4 days.

Wheeler Real Estate Investment Trust Stock Up 3.6%

Shares of Wheeler Real Estate Investment Trust stock traded up $0.24 on Tuesday, reaching $6.85. 64,319 shares of the company were exchanged, compared to its average volume of 21,947. The stock has a fifty day moving average price of $6.52 and a 200-day moving average price of $5.12. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.00 and a fifty-two week high of $7.70.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last released its quarterly earnings results on Thursday, March 5th. The company reported ($2.67) earnings per share for the quarter. The company had revenue of $25.17 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC increased its position in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 57.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 197,292 shares of the company’s stock after purchasing an additional 71,992 shares during the period. Wheeler Real Estate Investment Trust comprises about 0.9% of Ursa Fund Management LLC’s investment portfolio, making the stock its 5th biggest holding. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 at the end of the most recent reporting period.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRP) is a real estate investment trust that specializes in the acquisition and management of single-tenant retail and industrial properties under long-term, triple-net leases. The company’s investment strategy focuses on securing creditworthy tenants—often in sectors such as automotive services, fast food, medical services and banking—to generate stable, predictable rental income over the life of each lease.

Wheeler REIT’s portfolio spans a broad range of lower-middle market properties across the United States, offering geographic diversification and reducing exposure to any single market or tenant.