Brookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 12,600 shares, a decrease of 11.9% from the November 30th total of 14,300 shares. Based on an average daily trading volume, of 16,100 shares, the days-to-cover ratio is presently 0.8 days.
Brookfield Property Partners Stock Performance
Shares of BPYPP traded down $0.15 during trading hours on Friday, hitting $14.24. The stock had a trading volume of 22,755 shares, compared to its average volume of 21,045. The stock has a fifty day moving average price of $16.11 and a 200 day moving average price of $15.61. Brookfield Property Partners has a 12 month low of $12.73 and a 12 month high of $18.20.
Brookfield Property Partners Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be given a dividend of $0.4063 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.63 annualized dividend and a yield of 11.41%.
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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