Empire State Realty OP, L.P. (NYSE:ESBA – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 2,200 shares, a growth of 29.4% from the July 15th total of 1,700 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 0.3 days.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Empire State Realty OP in a research note on Friday, June 7th. They issued a “hold” rating on the stock.
Check Out Our Latest Analysis on Empire State Realty OP
Empire State Realty OP Stock Performance
Empire State Realty OP Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a dividend of $0.035 per share. The ex-dividend date is Monday, September 16th. This represents a $0.14 annualized dividend and a dividend yield of 1.39%.
Institutional Investors Weigh In On Empire State Realty OP
A number of hedge funds and other institutional investors have recently bought and sold shares of ESBA. Commonwealth Equity Services LLC increased its position in shares of Empire State Realty OP by 20.2% during the second quarter. Commonwealth Equity Services LLC now owns 75,569 shares of the company’s stock worth $689,000 after purchasing an additional 12,713 shares in the last quarter. Bessemer Group Inc. acquired a new stake in Empire State Realty OP in the first quarter worth about $86,000. Finally, Montag A & Associates Inc. acquired a new stake in Empire State Realty OP in the first quarter worth about $210,000.
About Empire State Realty OP
Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc
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