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Understanding the Risks of Investing in Whitestone REIT (WSR)

Whitestone REIT’s filing revealed that its Director Buthman Julia Bruns acquired Company’s shares for reported $64950.0 on Sep 04 ’24. In the deal valued at $12.99 per share,5,000 shares were bought. As a result of this transaction, Buthman Julia Bruns now holds 8,093 shares worth roughly $0.12 million.

Then, Feng Amy Shih-Hua bought 17,000 shares, generating $222,530 in total proceeds. Upon buying the shares at $13.09, the Director now owns 40,566 shares.

Before that, Feng Amy Shih-Hua bought 6,100 shares. Whitestone REIT shares valued at $79,727 were divested by the Director at a price of $13.07 per share. As a result of the transaction, Feng Amy Shih-Hua now holds 23,566 shares, worth roughly $0.34 million.

Alliance Global Partners initiated its Whitestone REIT [WSR] rating to a Buy in a research note published on March 18, 2024; the price target was $15. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. Truist began covering WSR with “Hold” recommendation on August 30, 2022. JMP Securities revised its rating on July 07, 2022. It rated WSR as “a Mkt outperform” which previously was an “a Mkt perform”.

Price Performance Review of WSR

On Friday, Whitestone REIT [NYSE:WSR] saw its stock jump 0.07% to $14.26. Over the last five days, the stock has lost -2.60%. Whitestone REIT shares have risen nearly 16.03% since the year began. Nevertheless, the stocks have risen 16.89% over the past one year. While a 52-week high of $15.36 was reached on 12/18/24, a 52-week low of $10.77 was recorded on 04/15/24. SMA at 50 days reached $14.40, while 200 days put it at $13.22.

Levels Of Support And Resistance For WSR Stock

The 24-hour chart illustrates a support level at 14.02, which if violated will result in even more drops to 13.79. On the upside, there is a resistance level at 14.49. A further resistance level may holdings at 14.73. The Relative Strength Index (RSI) on the 14-day chart is 44.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.09%. Stochastics %K at 20.33% indicates the stock is a holding.

How much short interest is there in Whitestone REIT?

A steep rise in short interest was recorded in Whitestone REIT stocks on 2024-11-29, growing by 28413.0 shares to a total of 0.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.41 million shares. There was a rise of 6.45%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 06, 2022 when Colliers Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.

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