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

Posted by Oscar Bower on Jan 2nd, 2025

Empire State Realty OP, L.P. (NYSE:ESBA – Get Free Report) saw a significant decline in short interest in 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 trading volume of 7,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Empire State Realty OP

A hedge fund recently raised its stake in Empire State Realty OP stock. Commonwealth Equity Services LLC lifted its holdings in Empire State Realty OP, L.P. (NYSE:ESBA – Free Report) by 20.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 75,569 shares of the company’s stock after acquiring an additional 12,713 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Empire State Realty OP were worth $689,000 at the end of the most recent quarter.

Empire State Realty OP Stock Up 2.4 %

ESBA traded up $0.24 during trading on Wednesday, reaching $10.18. The stock had a trading volume of 9,161 shares, compared to its average volume of 8,904. The business has a 50-day moving average of $10.62 and a 200-day moving average of $10.36. 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 company also recently disclosed 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 dividend yield of 1.38%.