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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 9,083 shares, a decline of 23.8% from the February 26th total of 11,913 shares. Based on an average trading volume of 2,672 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

A hedge fund recently raised its stake in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC boosted its position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 57.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 197,292 shares of the company’s stock after buying an additional 71,992 shares during the period. Wheeler Real Estate Investment Trust accounts for about 0.9% of Ursa Fund Management LLC’s portfolio, making the stock its 5th largest holding. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 at the end of the most recent reporting period.

Wheeler Real Estate Investment Trust Stock Performance

NASDAQ:WHLRP opened at $7.00 on Monday. Wheeler Real Estate Investment Trust has a fifty-two week low of $3.00 and a fifty-two week high of $7.70. The company has a fifty day moving average of $6.50 and a two-hundred day moving average of $5.11.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) last announced its earnings results on Thursday, March 5th. The company reported ($2.67) earnings per share (EPS) for the quarter. The firm had revenue of $25.17 million for the quarter.

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.