Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Significant Growth in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 14,200 shares, an increase of 12.7% from the December 15th total of 12,600 shares. Based on an average daily trading volume, of 17,300 shares, the days-to-cover ratio is currently 0.8 days.

Brookfield Property Partners Price Performance

NASDAQ BPYPP traded up $0.20 during trading hours on Friday, reaching $14.90. The company’s stock had a trading volume of 9,083 shares, compared to its average volume of 26,444. The company’s 50-day moving average is $15.29 and its two-hundred day moving average is $15.55. Brookfield Property Partners has a fifty-two week low of $12.95 and a fifty-two week high of $18.20.

Brookfield Property Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were paid a dividend of $0.4063 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.91%.

Brookfield Property Partners Company Profile

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.