Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 95,500 shares, an increase of 81.9% from the October 15th total of 52,500 shares. Based on an average trading volume of 2,040,000 shares, the short-interest ratio is currently 0.0 days. Currently, 7.4% of the shares of the stock are sold short.

Insider Activity at Wheeler Real Estate Investment Trust

In other Wheeler Real Estate Investment Trust news, major shareholder Magnolia Capital Fund, Lp sold 2,900 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $19.05, for a total value of $55,245.00. Following the sale, the insider now owns 293,789 shares of the company’s stock, valued at $5,596,680.45. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders have sold 42,820 shares of company stock valued at $841,878. Insiders own 40.62% of the company’s stock.

Wheeler Real Estate Investment Trust Stock Down 4.1 %

NASDAQ WHLR opened at $6.95 on Thursday. The stock has a market cap of $6.26 million, a price-to-earnings ratio of -0.04 and a beta of 1.58. Wheeler Real Estate Investment Trust has a fifty-two week low of $2.90 and a fifty-two week high of $235.08. The business has a fifty day moving average of $9.44 and a 200-day moving average of $9.78.

Wheeler Real Estate Investment Trust Company Profile

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.