Short Interest in Empire State Realty OP, L.P. (NYSE:ESBA) Grows By 50.0%

Empire State Realty OP, L.P. (NYSE:ESBA) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 2,100 shares, a growth of 50.0% from the August 15th total of 1,400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,800 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Empire State Realty OP

A number of institutional investors have recently bought and sold shares of ESBA. Commonwealth Equity Services LLC raised its position in Empire State Realty OP by 20.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 75,569 shares of the company’s stock valued at $689,000 after purchasing an additional 12,713 shares during the last quarter. Montag A & Associates Inc. acquired a new stake in Empire State Realty OP in the 1st quarter valued at about $210,000. Finally, Bessemer Group Inc. acquired a new stake in Empire State Realty OP in the 1st quarter valued at about $86,000.

Empire State Realty OP Stock Performance

ESBA stock opened at $10.35 on Monday. The firm’s fifty day moving average is $10.24 and its 200 day moving average is $9.63. Empire State Realty OP has a one year low of $6.96 and a one year high of $11.24.

Empire State Realty OP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Monday, September 16th.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Empire State Realty OP in a research report on Friday, June 7th. They issued a “hold” rating for the company.

Empire State Realty OP Company Profile

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