Empire State Realty OP, L.P. (NYSE:ESBA) Sees Large Drop in Short Interest

Empire State Realty OP, L.P. (NYSE:ESBA) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 800 shares, a decline of 11.1% from the November 30th total of 900 shares. Based on an average daily trading volume, of 7,400 shares, the short-interest ratio is currently 0.1 days.

Empire State Realty OP Price Performance

Empire State Realty OP stock traded up $0.24 during trading hours on Wednesday, reaching $10.18. The company had a trading volume of 9,161 shares, compared to its average volume of 8,904. Empire State Realty OP has a 12-month low of $7.85 and a 12-month high of $11.50. The company has a 50-day moving average price of $10.62 and a 200 day moving average price of $10.36.

Empire State Realty OP Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.035 per share. The ex-dividend date was Monday, December 16th. This represents a $0.14 dividend on an annualized basis and a yield of 1.38%.

Institutional Investors Weigh In On Empire State Realty OP

A hedge fund recently raised its stake in Empire State Realty OP stock. Commonwealth Equity Services LLC lifted its position in shares of Empire State Realty OP, L.P. (NYSE:ESBA) by 20.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,569 shares of the company’s stock after purchasing an additional 12,713 shares during the period. Commonwealth Equity Services LLC’s holdings in Empire State Realty OP were worth $689,000 as of its most recent SEC filing.

About Empire State Realty OP

Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc