Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Update

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

Brookfield Property Partners Stock Performance

Shares of NASDAQ BPYPP traded down $0.01 during mid-day trading on Friday, reaching $15.80. 17,320 shares of the company were exchanged, compared to its average volume of 16,297. The company’s 50-day simple moving average is $14.87 and its 200-day simple moving average is $15.64. Brookfield Property Partners has a twelve month low of $12.95 and a twelve month high of $18.20.

Brookfield Property Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.4063 per share. This represents a $1.63 dividend on an annualized basis 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.