Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Declines By 86.7%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 12,200 shares, a decline of 86.7% from the March 31st total of 91,700 shares. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Brookfield Property Partners

A hedge fund recently bought a new stake in Brookfield Property Partners stock. Arthur M. Cohen & Associates LLC bought a new stake in shares of Brookfield Property Partners L.P. (NASDAQ:BPYPP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,900 shares of the company’s stock, valued at approximately $380,000.

Brookfield Property Partners Trading Down 0.6 %

BPYPP traded down $0.09 on Monday, reaching $14.25. The company’s stock had a trading volume of 2,414 shares, compared to its average volume of 16,973. Brookfield Property Partners has a 1 year low of $13.01 and a 1 year high of $18.20. The business’s 50 day moving average is $14.72 and its 200 day moving average is $15.36.

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.