Summary by Futu AI
Ursa Fund Management, LLC disposed of 15,000 Series D Cumulative Preferred shares of Wheeler Real Estate Investment Trust on December 5, 2024. The transaction was executed in two parts: 5,000 shares and 10,000 shares, both at a price of $40.01 per share.The total value of the disposed shares amounted to $600,150. Following these transactions, Ursa Fund Management's indirect beneficial ownership of Wheeler REIT's Series D Cumulative Preferred stock decreased to 170,321 shares. The nature of indirect beneficial ownership is referenced in a footnote, details of which are not provided in the current disclosure.The transaction was reported as completed, with the disposal coded as 'J' in the filing. This significant reduction in Ursa Fund Management's holdings may indicate a shift in their investment strategy or outlook regarding Wheeler Real Estate Investment Trust.