Yong Rong (HK) Asset Management Ltd disclosed a complete divestment from Webull Corporation in a May 4, 2026, SEC filing.
The institutional investor sold its entire holding of 5,000,000 shares.
The transaction is valued at approximately $32.39 million based on the first-quarter average share price.
This position previously represented 11.8% of the asset manager's total portfolio in the prior quarter.