Deutsche Bank AG Sells 1,737,378 Shares of The Wendy’s Company (NASDAQ:WEN)

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates globally and provides a range of financial products and services to individuals, corporations, and governments.

The Wendy's Company NASDAQWEN is a fast-food restaurant chain based in Columbus, Ohio, United States. The company was founded in 1968 by Dave Thomas and has since grown to become one of the largest hamburger chains in the world, with over 3,000 restaurants in more than 27 countries.

In its most recent disclosure with the Securities & Exchange Commission (SEC), Deutsche Bank AG announced that it had lowered its position in The Wendy's Company NASDAQWEN by 97.7% during the third quarter of the year. This means that the institutional investor owned fewer shares of the restaurant operator's stock after selling a significant number of shares during the period.

According to the disclosure, Deutsche Bank AG owned 40,534 shares of The Wendy's Company NASDAQWEN after selling 1,737,378 shares during the quarter. This represents a significant reduction in the institutional investor's holdings in the company.

It is important to note that this information is based on the disclosure made by Deutsche Bank AG and may be subject to change. It is always recommended to consult with a financial advisor or other qualified professional before making any investment decisions.