Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Large Decrease in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 9,700 shares, a decline of 44.6% from the January 15th total of 17,500 shares. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is presently 0.5 days.

Brookfield Property Partners Stock Up 0.5 %

Shares of Brookfield Property Partners stock traded up $0.08 during trading on Thursday, reaching $15.81. The company’s stock had a trading volume of 1,791 shares, compared to its average volume of 15,951. Brookfield Property Partners has a 12-month low of $12.95 and a 12-month high of $18.20. The business has a 50 day moving average price of $14.88 and a 200-day moving average price of $15.63.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be paid a $0.4063 dividend. This represents a $1.63 annualized dividend and a dividend yield of 10.28%. The ex-dividend date of this dividend is Monday, March 3rd.

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.