Short Interest in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Declines By 25.5%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 23,700 shares, a decrease of 25.5% from the March 31st total of 31,800 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 2.5 days.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

A hedge fund recently bought a new stake in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC acquired a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust accounts for approximately 2.0% of Cable Car Capital LLC’s holdings, making the stock its 17th largest holding.

Wheeler Real Estate Investment Trust Stock Up 0.7 %

NASDAQ WHLRD opened at $15.61 on Monday. The firm’s fifty day moving average price is $14.92 and its two-hundred day moving average price is $14.18. Wheeler Real Estate Investment Trust has a 1 year low of $9.50 and a 1 year high of $16.20.

About Wheeler Real Estate Investment Trust

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.