Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Large Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 32,600 shares, a growth of 7.6% from the October 15th total of 30,300 shares. Based on an average daily volume of 24,000 shares, the short-interest ratio is currently 1.4 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ:BPYPO remained flat at $15.75 during trading hours on Monday. 2,876 shares of the company’s stock traded hands, compared to its average volume of 30,376. The firm has a fifty day moving average price of $16.10 and a two-hundred day moving average price of $14.47. Brookfield Property Partners has a 12 month low of $12.31 and a 12 month high of $17.20.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a dividend yield of 10.12%. The ex-dividend date of this dividend is Monday, December 2nd.

Brookfield Property Partners Company Profile

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.