Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) Short Interest Down 52.8% in May

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,307 shares, a drop of 52.8% from the April 30th total of 7,010 shares. Based on an average daily volume of 1,365 shares, the short-interest ratio is presently 2.4 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of NASDAQ WHLRP traded down $0.36 during midday trading on Tuesday, reaching $7.74. The company’s stock had a trading volume of 2,037 shares, compared to its average volume of 16,826. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.14 and a fifty-two week high of $8.24. The stock has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $6.06.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last released its earnings results on Friday, May 8th. The company reported ($14.55) earnings per share for the quarter. The company had revenue of $24.01 million for the quarter.

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. Susquehanna International Group LLP bought a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,857 shares of the company’s stock, valued at approximately $67,000.

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.