Short Interest Update on Empire State Realty Trust (ESRT)

Empire State Realty Trust (ESRT) : The bears are holding on to their shorts in Accenture Plc with 4 more days remaining for them to cover their positions. The bearish positions have increased from 3,617,681 on Jul 29, 2016, to 3,708,812, on August 15, 2016. Daily, 856,827 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 91,131 shares, which is an increase of just 2.5%. The total short interest of 3.1% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Empire State Realty Trust (NYSE:ESRT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.01 and $20.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.74, notching a gain of 1.07% for the day. The total traded volume was 1,531,836 . The stock had closed at $20.52 on the previous day.


Empire State Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The Company operates in two segments: Real Estate and Observatory. The Companys real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Its observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. These two lines of businesses are managed separately and provide different services.

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