Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPN) Rises By 144.1%

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,421 shares, a growth of 144.1% from the April 15th total of 3,450 shares. Based on an average daily volume of 30,161 shares, the days-to-cover ratio is currently 0.3 days.

Brookfield Property Partners Price Performance

Brookfield Property Partners stock traded down $0.05 during trading hours on Friday, hitting $13.92. The stock had a trading volume of 6,481 shares, compared to its average volume of 17,935. Brookfield Property Partners has a one year low of $12.51 and a one year high of $14.88. The business’s 50 day simple moving average is $13.72 and its 200-day simple moving average is $13.69.

Brookfield Property Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st will be given a $0.3594 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.44 annualized dividend and a 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.