Short Interest in Empire State Realty OP, L.P. (NYSE:ESBA) Grows By 350.0%

Empire State Realty OP, L.P. (NYSE:ESBA) was the target of a significant increase in short interest during 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. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Empire State Realty OP stock. Brighton Jones LLC acquired a new stake in Empire State Realty OP, L.P. (NYSE:ESBA) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 15,311 shares of the company’s stock, valued at approximately $156,000.

Empire State Realty OP Price Performance

ESBA traded up $0.09 during midday trading on Thursday, reaching $9.35. 2,495 shares of the company were exchanged, compared to its average volume of 5,453. The stock’s 50-day simple moving average is $10.23 and its 200 day simple moving average is $10.41. Empire State Realty OP has a one year low of $7.85 and a one year high of $11.50.

Empire State Realty OP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a $0.035 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.14 dividend on an annualized basis and a yield of 1.50%.

Empire State Realty OP Company Profile

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