Ursa Fund Management, LLC, a significant stakeholder in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD), reported the acquisition of additional shares, according to a recent SEC filing. The stock, currently trading at $25.86, has shown remarkable resilience with a 100.61% year-to-date return, according to InvestingPro data. The transactions, executed on December 19 and December 20, 2024, involved the purchase of 18,300 shares of Wheeler’s Series D Cumulative Preferred stock. The shares were acquired at an average price range between $25.1005 and $26.1291 per share, amounting to a total value of $463,863. Following these transactions, Ursa Fund Management, along with Ursa Fund Partners LP, now holds a total of 388,300 shares. InvestingPro analysis indicates the stock is currently in oversold territory, with 11 additional technical insights available to subscribers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.