Brookfield Property Partners L.P. (NASDAQ:BPYPN) Short Interest Up 127.9% in June

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 28,676 shares, a growth of 127.9% from the June 15th total of 12,585 shares. Based on an average trading volume of 22,580 shares, the short-interest ratio is currently 1.3 days.

Brookfield Property Partners Stock Up 0.5%

Shares of Brookfield Property Partners stock opened at $14.00 on Friday. The stock’s fifty day moving average is $13.84 and its 200 day moving average is $13.76. Brookfield Property Partners has a one year low of $12.75 and a one year high of $14.88.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st were paid a $0.3594 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.44 annualized dividend and a dividend yield of 10.3%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.