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

Posted by Jay Halladay on Jan 2nd, 2025

Empire State Realty OP, L.P. (NYSE:ESBA – Get Free Report) was the recipient of a large decline in short interest during 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 volume of 7,400 shares, the days-to-cover ratio is presently 0.1 days.

Empire State Realty OP Stock Performance

Shares of Empire State Realty OP stock traded up $0.24 during trading on Wednesday, reaching $10.18. The company’s stock had a trading volume of 9,161 shares, compared to its average volume of 8,904. The stock has a 50-day moving average price of $10.62 and a two-hundred day moving average price 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 business 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. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Monday, December 16th.

Institutional Trading of Empire State Realty OP

An institutional investor recently raised its position in Empire State Realty OP stock. Commonwealth Equity Services LLC boosted its position in Empire State Realty OP, L.P. (NYSE:ESBA – Free Report) by 20.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,569 shares of the company’s stock after acquiring an additional 12,713 shares during the period. Commonwealth Equity Services LLC’s holdings in Empire State Realty OP were worth $689,000 at the end of the most recent quarter.