Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPN) Drops By 30.8%

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 10,800 shares, a drop of 30.8% from the November 15th total of 15,600 shares. Based on an average daily volume of 25,700 shares, the short-interest ratio is currently 0.4 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ:BPYPN traded down $0.09 during midday trading on Friday, reaching $13.47. The company’s stock had a trading volume of 8,206 shares, compared to its average volume of 27,715. The business’s fifty day simple moving average is $14.44 and its 200-day simple moving average is $13.39. Brookfield Property Partners has a fifty-two week low of $11.27 and a fifty-two week high of $15.49.

Brookfield Property Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be given a $0.3594 dividend. This represents a $1.44 annualized dividend and a yield of 10.67%. 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.