Empire State Realty OP, L.P. (NYSE:ESBA) Short Interest Down 5.6% in July

Empire State Realty OP, L.P. (NYSE:ESBA) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 1,700 shares, a drop of 5.6% from the June 30th total of 1,800 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

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 set a “hold” rating for the company.

Empire State Realty OP Stock Down 0.1 %

ESBA stock opened at $10.45 on Wednesday. The business’s 50-day moving average price is $9.47 and its 200-day moving average price is $9.55. Empire State Realty OP has a twelve month low of $6.80 and a twelve month high of $11.24.

Empire State Realty OP Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.34%. The ex-dividend date was Friday, June 14th.

Hedge Funds Weigh In On Empire State Realty OP

A hedge fund recently bought a new stake in Empire State Realty OP stock. Montag A & Associates Inc. bought a new position in Empire State Realty OP, L.P. (NYSE:ESBA) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 21,077 shares of the company’s stock, valued at approximately $210,000.

About Empire State Realty OP

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