Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Expands By 77.2%

Brookfield Property Partners L.P. (NASDAQ:BPYPPGet Free Report) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 28,683 shares, a growth of 77.2% from the November 30th total of 16,191 shares. Based on an average trading volume of 29,990 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 29,990 shares, the short-interest ratio is currently 1.0 days.

Brookfield Property Partners Trading Down 0.6%

BPYPP opened at $14.85 on Friday. The stock has a fifty day simple moving average of $14.94 and a two-hundred day simple moving average of $14.95. Brookfield Property Partners has a 12-month low of $13.01 and a 12-month high of $16.25.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be paid a dividend of $0.4063 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $1.63 annualized dividend and a yield of 10.9%.

About Brookfield Property Partners

(Get Free Report)

Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.

Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.

Recommended Stories

Receive News & Ratings for Brookfield Property Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Partners and related companies with MarketBeat.com's FREE daily email newsletter.