Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 22,900 shares, an increase of 76.2% from the December 15th total of 13,000 shares. Based on an average daily trading volume, of 20,300 shares, the short-interest ratio is currently 1.1 days.
Brookfield Property Partners Stock Performance
Shares of BPYPN stock traded up $0.36 on Wednesday, reaching $13.15. The stock had a trading volume of 5,964 shares, compared to its average volume of 21,574. Brookfield Property Partners has a 1 year low of $11.51 and a 1 year high of $15.49. The company has a 50 day simple moving average of $13.57 and a 200 day simple moving average of $13.46.
Brookfield Property Partners Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were paid a $0.3594 dividend. The ex-dividend date was Monday, December 2nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.93%.
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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