Wheeler Real Estate Investment shares had a trading volume of 17K on Tuesday. Volume was up 88.92% over the stocks average daily volume.
Traders are a little more bullish on shares of Wheeler Real Estate Investment lately as inferred by the fall in short interest. The stock saw a fall in short interest between September 29, 2017 and October 13, 2017 of -43.87%. Short interest fell 1,685 over that timeframe. Days to cover decreased 0.0 to 1.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (WHLRP). Commonwealth Equity Services, Inc augmented its investment by buying 9,050 shares an increase of 46.6%. Commonwealth Equity Services, Inc owns 28,450 shares with a value of $640,000. The total value of its holdings increased 38.2%. Diligent Investors, LLC cut its holdings by selling 1,400 shares a decrease of 2.8% as of 06/30/2017. Diligent Investors, LLC currently owns 48,275 shares valued at $1,086,000. The value of the position overall is down by 8.9%.
Ubs Group Ag grew its ownership by buying 388 shares an increase of 129.3% from 03/31/2017 to 06/30/2017. Ubs Group Ag now controls 688 shares worth $15,000. The value of the position overall is up by 114.3%. As of quarter end Orinda Asset Management LLC had sold a total of 8,500 shares trimming its stake by 3.5%. The value of the total investment in Wheeler Real Estate Investment decreased from $5,467,000 to $5,230,000 a change of 4.3% for the reporting period.
The company is trading down since yesterday’s close of $19.96. The company also declared a dividend for shareholders that was paid on Sunday the 15th of October 2017. The dividend was $0.340 per share for the quarter which is $1.36 annualized. This dividend represents a yield of $6.73 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Thursday the 28th of September 2017.
Company shares are trading at $19.96 a bit lower than the 50 day moving average which is $21.82 and which is well below the 200 day moving average of $22.29. The 50 day moving average went down by -8.52% and the 200 day average was down $-2.33.
Wheeler Real Estate Investment Trust, Inc., launched on June 23, 2011, is a self-managed commercial real estate investment company. The Company focuses on acquiring and managing retail properties with a primary focus on grocery-anchored centers. As of December 31, 2016, the Company owned a portfolio consisting of 74 properties, including 59 retail shopping centers and five freestanding retail properties totaling 4,906,511 gross leasable square feet of which approximately 94% were leased, one office property, eight undeveloped land parcels totaling approximately 70 acres and one redevelopment project..