Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Decreases By 95.5%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 1 shares, a decline of 95.5% from the December 15th total of 22 shares. Based on an average daily volume of 736 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 736 shares, the days-to-cover ratio is presently 0.0 days.

Wheeler Real Estate Investment Trust Price Performance

Shares of Wheeler Real Estate Investment Trust stock remained flat at $97.00 during mid-day trading on Monday. 4,403 shares of the company’s stock traded hands, compared to its average volume of 1,945. Wheeler Real Estate Investment Trust has a one year low of $78.00 and a one year high of $183.36. The stock has a fifty day moving average of $94.50 and a 200-day moving average of $119.54.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wheeler Real Estate Investment Trust in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRL) is a publicly traded real estate investment trust that acquires and owns single-tenant net leased properties critical to everyday consumer needs. The company’s portfolio is focused on net leased retail assets under long-term, triple-net leases, providing stable rental income while transferring most property-level expenses to tenants.

The trust’s holdings span a diverse range of property types, including restaurants, convenience stores, automotive service centers and other service-oriented businesses.