Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Up 1,880.0% in May

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 9,900 shares, an increase of 1,880.0% from the April 30th total of 500 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 25,800 shares, the short-interest ratio is currently 0.4 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of NASDAQ WHLR opened at $0.72 on Friday. The business’s 50 day moving average price is $1.15 and its 200 day moving average price is $1.46. The firm has a market cap of $7.06 million, a P/E ratio of -0.35 and a beta of 2.61. Wheeler Real Estate Investment Trust has a 52 week low of $0.72 and a 52 week high of $3.37. The company has a quick ratio of 3.09, a current ratio of 3.09 and a debt-to-equity ratio of 1,040.25.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

A number of large investors have recently bought and sold shares of the company. Almitas Capital LLC purchased a new stake in Wheeler Real Estate Investment Trust in the third quarter valued at approximately $65,000. Renaissance Technologies LLC boosted its position in Wheeler Real Estate Investment Trust by 11.6% in the 2nd quarter. Renaissance Technologies LLC now owns 120,646 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 12,513 shares in the last quarter. Chilton Capital Management LLC boosted its position in Wheeler Real Estate Investment Trust by 60.0% in the 4th quarter. Chilton Capital Management LLC now owns 40,000 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 15,000 shares in the last quarter. Jane Street Group LLC purchased a new stake in Wheeler Real Estate Investment Trust in the 3rd quarter worth approximately $31,000. Finally, Steamboat Capital Partners LLC purchased a new stake in Wheeler Real Estate Investment Trust in the 4th quarter worth approximately $70,000. Hedge funds and other institutional investors own 53.77% of the company’s stock.

Wheeler Real Estate Investment Trust Company Profile

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Wheeler Real Estate Investment Trust, Inc engages in the acquisition, finance, development, lease, ownership, and management of retail properties. Its property portfolio includes income producing, strip centers, neighborhood, grocery-anchored, community, and free-standing retail properties. The company was founded on June 23, 2011 and is headquartered in Virginia Beach, VA.