Empire State Realty Trust Inc (ESRT)

[liggity]

As of 3/31/2014:

Institutional Stock &
Mutual Fund Ownership: 94.2%

Total OS = 94,495,247
x
94.2%
= 89,014,523 shares owned by institutions.

So, after we subtract shares owned by institutions, we are left with a float of : Approx 5.48 Million shares.

Now, 5 million shares to go around, and the market makers want their piece of the pie I imagine. Also perhaps more institutional buying has occurred after 3/31 d/t earnings, breakout etc.

Average 10 day volume has been about 1 million shares - and mostly all buying over the past week.


Your thoughts?