What’s in Wilshire US Reit (NYSEARCA:WREI) After Decline in Shorted Shares?

July 16, 2018 - By Billy Entrekin

The stock of Wilshire US Reit (NYSEARCA:WREI) registered a decrease of 50% in short interest. WREI’s total short interest was 300 shares in July as published by FINRA. Its down 50% from 600 shares, reported previously. With 500 shares average volume, it will take short sellers 1 days to cover their WREI’s short positions.

It closed at $46.18 lastly. It is down 11.36% since July 16, 2017 and is downtrending. It has underperformed by 23.93% the S&P500.

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