Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Sees Large Drop in Short Interest

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

Wheeler Real Estate Investment Trust Trading Up 0.7 %

Shares of WHLRD opened at $15.61 on Friday. Wheeler Real Estate Investment Trust has a 52 week low of $9.50 and a 52 week high of $16.20. The business’s fifty day moving average price is $14.92 and its two-hundred day moving average price is $14.15.

Institutional Trading of Wheeler Real Estate Investment Trust

A hedge fund recently bought a new stake in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC purchased a new position in shares of 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 purchased 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust accounts for approximately 2.0% of Cable Car Capital LLC’s holdings, making the stock its 17th biggest position.

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.