Wheeler Real Estate Investment Trust Inc’s filing revealed that its 10% Owner Ursa Fund Management, LLC acquired Company’s shares for reported $0.2 million on Dec 30 ’24. In the deal valued at $26.73 per share,7,300 shares were bought. As a result of this transaction, Ursa Fund Management, LLC now holds 395,600 shares worth roughly $1.4 million.
Then, Ursa Fund Management, LLC bought 3,600 shares, generating $97,638 in total proceeds. Upon buying the shares at $27.12, the 10% Owner now owns 399,200 shares.
Before that, Ursa Fund Management, LLC bought 13,901 shares. Wheeler Real Estate Investment Trust Inc shares valued at $348,922 were divested by the 10% Owner at a price of $25.10 per share. As a result of the transaction, Ursa Fund Management, LLC now holds 383,901 shares, worth roughly $1.36 million.
B. Riley FBR Inc. reiterated its Wheeler Real Estate Investment Trust Inc [WHLR] rating to a Buy in a research note published on February 20, 2018; the price target was $9. A number of analysts have revised their coverage, including B. Riley FBR Inc.’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it. Compass Point also remained covering WHLR and has decreased its forecast on November 03, 2017 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of WHLR
On Tuesday, Wheeler Real Estate Investment Trust Inc [NASDAQ:WHLR] saw its stock jump 7.58% to $3.55. Over the last five days, the stock has lost -4.57%. Wheeler Real Estate Investment Trust Inc shares have risen nearly 5.34% since the year began. Nevertheless, the stocks have fallen -98.24% over the past one year. While a 52-week high of $209.02 was reached on 01/07/25, a 52-week low of $3.22 was recorded on 01/07/25. SMA at 50 days reached $8.99, while 200 days put it at $47.12.
Levels Of Support And Resistance For WHLR Stock
The 24-hour chart illustrates a support level at 2.86, which if violated will result in even more drops to 2.17. On the upside, there is a resistance level at 4.49. A further resistance level may holdings at 5.43. The Relative Strength Index (RSI) on the 14-day chart is 28.53, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.85%. Stochastics %K at 10.33% indicates the stock is a buying.
How much short interest is there in Wheeler Real Estate Investment Trust Inc?
A steep rise in short interest was recorded in Wheeler Real Estate Investment Trust Inc stocks on 2024-12-13, growing by 0.23 million shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11983.0 shares. There was a rise of 95.05%, which implies that there is a positive sentiment for the stock.
