Wheeler Real Estate Investment Trust (NASDAQ:WHLRD) Shares Up 0.2% – Here’s Why

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRDGet Free Report) shares traded up 0.2% on Thursday . The company traded as high as $36.00 and last traded at $36.0540. Approximately 304 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 2,258 shares. The stock had previously closed at $36.00.

Wheeler Real Estate Investment Trust Trading Up 1.0%

The company’s fifty day moving average price is $36.14 and its 200-day moving average price is $36.89.

About Wheeler Real Estate Investment Trust

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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.

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