Brookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 12,400 shares, an increase of 27.8% from the January 31st total of 9,700 shares. Based on an average daily trading volume, of 17,300 shares, the short-interest ratio is presently 0.7 days.
Brookfield Property Partners Stock Up 0.6 %
Brookfield Property Partners stock traded up $0.09 during trading hours on Thursday, reaching $15.62. 7,036 shares of the company were exchanged, compared to its average volume of 14,390. Brookfield Property Partners has a 12 month low of $13.03 and a 12 month high of $18.20. The stock has a 50-day moving average of $15.07 and a 200 day moving average of $15.74.
Brookfield Property Partners Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 10.40%. 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.
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