DANVILLE, Calif.—Ursa Fund Management, LLC and its affiliates have reported a series of stock purchases in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD), totaling $232,080. The transactions, executed on December 2 and 3, involved the acquisition of 8,850 shares of Series D Cumulative Preferred stock. According to InvestingPro data, WHLRD has shown remarkable performance with a 102% year-to-date return, despite its modest $3.74 million market capitalization.
The purchases were made at prices ranging from $26.1407 to $26.5 per share. These transactions increased the collective holdings of the affiliated funds to 352,934 shares. The shares are held by Ursa Fund Partners LP and Investment Opportunities 14 Segregated Portfolio, with Andrew Hahn and Russell Douglas managing the investments.
The transactions reflect Ursa Fund Management's continued investment strategy in Wheeler Real Estate Investment Trust, further solidifying its position as a significant shareholder.
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