Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Significant Growth in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 69,700 shares, a growth of 141.2% from the February 28th total of 28,900 shares. Based on an average trading volume of 15,500 shares, the days-to-cover ratio is currently 4.5 days.

Brookfield Property Partners Trading Down 1.9 %

BPYPO stock opened at $13.83 on Friday. Brookfield Property Partners has a 1 year low of $12.97 and a 1 year high of $17.20. The stock has a 50-day simple moving average of $14.84 and a 200-day simple moving average of $15.29.

Brookfield Property Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.3984 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 11.52%.

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.