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

Empire State Realty OP, L.P. (NYSE:ESBA) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,600 shares, an increase of 350.0% from the December 31st total of 800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Empire State Realty OP stock. Janney Montgomery Scott LLC purchased a new stake in Empire State Realty OP, L.P. (NYSE:ESBA) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 13,572 shares of the company’s stock, valued at approximately $138,000.

Empire State Realty OP Stock Down 1.4 %

ESBA stock opened at $9.27 on Wednesday. Empire State Realty OP has a 12 month low of $7.85 and a 12 month high of $11.50. The firm’s 50-day moving average is $10.26 and its 200 day moving average is $10.42.

Empire State Realty OP Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Monday, December 16th.

Empire State Realty OP Company Profile

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