Wheeler Real Estate Investment Trust Inc’s filing revealed that its 10% Owner MAGNOLIA CAPITAL FUND, LP unloaded Company’s shares for reported $0.24 million on Sep 18 ’24. In the deal valued at $20.40 per share,11,700 shares were sold. As a result of this transaction, MAGNOLIA CAPITAL FUND, LP now holds 249,626 shares worth roughly $3.39 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MAGNOLIA CAPITAL FUND, LP sold 9,380 shares, generating $192,102 in total proceeds. Upon selling the shares at $20.48, the 10% Owner now owns 261,326 shares.
Before that, MAGNOLIA CAPITAL FUND, LP sold 4,550 shares. Wheeler Real Estate Investment Trust Inc shares valued at $92,365 were divested by the 10% Owner at a price of $20.30 per share. As a result of the transaction, MAGNOLIA CAPITAL FUND, LP now holds 270,706 shares, worth roughly $3.67 million.
B. Riley FBR Inc. reiterated its Wheeler Real Estate Investment Trust Inc [WHLR] rating to a Buy in a research note published on February 20, 2018; the price target was $9. A number of analysts have revised their coverage, including B. Riley FBR Inc.’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it. Compass Point also remained covering WHLR and has decreased its forecast on November 03, 2017 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of WHLR
On Friday, Wheeler Real Estate Investment Trust Inc [NASDAQ:WHLR] saw its stock fall -18.35% to $13.57. Over the last five days, the stock has gained 50.61%. Wheeler Real Estate Investment Trust Inc shares have fallen nearly -87.65% since the year began. Nevertheless, the stocks have fallen -98.41% over the past one year. While a 52-week high of $1125.00 was reached on 01/02/24, a 52-week low of $2.90 was recorded on 09/03/24. SMA at 50 days reached $12.16, while 200 days put it at $46.34.
Levels Of Support And Resistance For WHLR Stock
The 24-hour chart illustrates a support level at 12.30, which if violated will result in even more drops to 11.03. On the upside, there is a resistance level at 15.92. A further resistance level may holdings at 18.27. The Relative Strength Index (RSI) on the 14-day chart is 50.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.39%. Stochastics %K at 32.60% indicates the stock is a holding.
How much short interest is there in Wheeler Real Estate Investment Trust Inc?
A steep rise in short interest was recorded in Wheeler Real Estate Investment Trust Inc stocks on 2024-09-13, growing by 0.15 million shares to a total of 0.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 11195.0 shares. There was a rise of 92.9%, which implies that there is a positive sentiment for the stock.
