Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Up 72.2% in March

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, an increase of 72.2% from the February 29th total of 1,800 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 0.8 days.

Wheeler Real Estate Investment Trust Stock Down 4.7 %

Shares of WHLRP opened at $1.62 on Friday. The stock’s fifty day simple moving average is $1.40 and its 200 day simple moving average is $1.41. Wheeler Real Estate Investment Trust has a twelve month low of $1.11 and a twelve month high of $2.24.

Hedge Funds Weigh In On Wheeler Real Estate Investment Trust

An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Stilwell Value LLC bought a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 817,085 shares of the company’s stock, valued at approximately $1,311,000. Wheeler Real Estate Investment Trust accounts for about 0.7% of Stilwell Value LLC’s portfolio, making the stock its 12th largest 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.