Wheeler Real Estate Investment Trust Inc – Commo (NASDAQ:WHLR) Shorts Decreased by 0.4% After Short Covering

June 15, 2018 - By Vivian Currie

The stock of Wheeler Real Estate Investment Trust Inc – Commo (NASDAQ:WHLR) registered a decrease of 0.4% in short interest. WHLR’s total short interest was 1.71 million shares in June as published by FINRA. Its down 0.4% from 1.71M shares, reported previously. With 85,200 shares average volume, it will take short sellers 20 days to cover their WHLR’s short positions. The short interest to Wheeler Real Estate Investment Trust Inc – Commo’s float is 27.83%.

The stock decreased 0.52% or $0.02 during the last trading session, reaching $3.82. About 51,122 shares traded. Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) has declined 52.94% since June 15, 2017 and is downtrending. It has underperformed by 65.51% the S&P500.

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully-integrated, self-managed commercial real estate investment firm focused on acquiring and managing income-producing retail properties with a primary focus on grocery-anchored centers. The company has market cap of $36.99 million. Wheeler??s portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers. It currently has negative earnings.

Another recent and important Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) news was published by Seekingalpha.com which published an article titled: “Wheeler REIT: Asset Coverage Questions” on May 24, 2018.

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