Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 19,800 shares, a decline of 13.5% from the December 31st total of 22,900 shares. Based on an average daily volume of 19,600 shares, the short-interest ratio is presently 1.0 days.
Brookfield Property Partners Stock Down 2.5 %
Brookfield Property Partners stock traded down $0.35 during trading on Monday, hitting $13.73. The company had a trading volume of 6,071 shares, compared to its average volume of 15,527. The company’s 50 day simple moving average is $13.39 and its 200-day simple moving average is $13.59. Brookfield Property Partners has a 1-year low of $11.51 and a 1-year high of $15.49.
Brookfield Property Partners Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 2nd were paid a dividend of $0.3594 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.47%.
About Brookfield Property Partners
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.
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