Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Stock Short Interest Report for September

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 149 shares, a drop of 40.2% from the September 15th total of 249 shares. Based on an average daily volume of 2,542 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.

Wheeler Real Estate Investment Trust Stock Performance

Shares of WHLRL stock remained flat at $85.00 on Friday. The firm’s 50 day simple moving average is $81.10 and its 200-day simple moving average is $80.52. Wheeler Real Estate Investment Trust has a 1-year low of $78.00 and a 1-year high of $119.50.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc is a self-managed real estate investment trust focused on owning and operating income-producing retail properties. The company’s portfolio has primarily consisted of grocery-anchored shopping centers, neighborhood centers and other community-oriented retail assets.

Wheeler’s properties are generally located in secondary and tertiary markets, with a historical concentration in the Mid-Atlantic and Southeastern United States. Its centers are designed to serve everyday consumer needs and typically include grocery stores, pharmacies, restaurants, service businesses and other retail tenants.

Founded in 2012, Wheeler Real Estate Investment Trust has pursued a strategy of acquiring, leasing and managing retail real estate, while working to maintain occupancy and improve the performance of its properties.