Indaba Capital Management Slices Exposure to This REIT

Indaba Capital, REIT: Indaba Capital Management just reduced its exposure to Gyrodyne Company of America, Inc. (NASDAQ:GYRO), a REIT. According to the recent SEC filing, Indaba now holds 17,500 shares, equal to 1.18% of the company. In a filing from August, Indaba disclosed ownership of 144,552 shares of Gyrodyne, with the stake representing 9.75% of its common stock.

Gyrodyne

Disclosure: none

Recommended Reading:

Carl Icahn Tweets About Apple Letter, Unveils Plan to Launch New Website

ADW Capital Owns Over 5% of Hollywood Media Corporation

Check Out George Hall’s Move in This Blank Check Company