Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Short Interest Down 87.4% in November

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 12,000 shares, a drop of 87.4% from the October 31st total of 95,500 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,020,000 shares, the short-interest ratio is currently 0.0 days.

Insider Buying and Selling at Wheeler Real Estate Investment Trust

In other Wheeler Real Estate Investment Trust news, major shareholder Magnolia Capital Fund, Lp sold 3,600 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $19.14, for a total value of $68,904.00. Following the completion of the transaction, the insider now directly owns 310,189 shares in the company, valued at $5,937,017.46. This trade represents a 1.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 38,963 shares of company stock valued at $768,826. 51.40% of the stock is currently owned by corporate insiders.

Wheeler Real Estate Investment Trust Stock Down 0.4 %

Shares of WHLR stock traded down $0.03 during trading on Wednesday, reaching $8.20. 15,430 shares of the company’s stock were exchanged, compared to its average volume of 299,425. Wheeler Real Estate Investment Trust has a twelve month low of $5.79 and a twelve month high of $470.16. The stock has a market capitalization of $5.33 million, a PE ratio of -0.02 and a beta of 1.58. The firm’s fifty day moving average price is $9.65 and its 200-day moving average price is $8.96.

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.