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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,087 shares, a decline of 54.2% from the April 15th total of 8,932 shares. Based on an average daily trading volume, of 1,139 shares, the short-interest ratio is currently 3.6 days.

Wheeler Real Estate Investment Trust Trading Up 0.5%

Shares of NASDAQ:WHLRD opened at $35.69 on Friday. The company’s 50-day moving average price is $36.68 and its 200 day moving average price is $37.12. Wheeler Real Estate Investment Trust has a fifty-two week low of $32.26 and a fifty-two week high of $42.00.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRD) is a real estate investment trust that specializes in the acquisition, ownership and management of single-tenant retail properties under long-term net leases. The company focuses on properties designed to generate stable, predictable income streams by transferring most property-level expenses—including taxes, insurance and maintenance—to its tenants.

The Trust’s portfolio comprises over 200 retail assets leased to a diversified mix of grocery stores, pharmacies, convenience concepts, fitness centers and other service-oriented operators.