Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Drops By 14.4%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 10,100 shares, a decrease of 14.4% from the October 15th total of 11,800 shares. Based on an average daily trading volume, of 17,400 shares, the days-to-cover ratio is presently 0.6 days.

Brookfield Property Partners Price Performance

Brookfield Property Partners stock traded down $0.27 during trading on Friday, reaching $15.75. The company had a trading volume of 14,540 shares, compared to its average volume of 21,570. Brookfield Property Partners has a 12-month low of $12.38 and a 12-month high of $18.20. The stock’s 50 day moving average price is $16.63 and its two-hundred day moving average price is $15.36.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 10.32%. The ex-dividend date of this dividend is Monday, December 2nd.

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.