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.
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