Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP – Get Free Report) shares were up 2.2% during mid-day trading on Thursday . The company traded as high as $9.50 and last traded at $9.1950. Approximately 241 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 14,356 shares. The stock had previously closed at $9.00.
Wheeler Real Estate Investment Trust Stock Performance
The business’s 50-day simple moving average is $9.59 and its 200 day simple moving average is $8.01.
Hedge Funds Weigh In On Wheeler Real Estate Investment Trust
An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC boosted its holdings in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP – Free Report) by 57.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 197,292 shares of the company’s stock after purchasing an additional 71,992 shares during the quarter. Wheeler Real Estate Investment Trust comprises 0.9% of Ursa Fund Management LLC’s portfolio, making the stock its 5th largest position. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 as of its most recent SEC filing.
About Wheeler Real Estate Investment Trust
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.
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