Short Interest in Brookfield Property Preferred L.P. (NASDAQ:BPYPM) Rises By 19.0%

Brookfield Property Preferred L.P. (NASDAQ:BPYPM) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 772,400 shares, a growth of 19.0% from the March 15th total of 649,000 shares. Based on an average daily volume of 35,800 shares, the short-interest ratio is presently 21.6 days.

Brookfield Property Preferred Price Performance

Shares of NASDAQ BPYPM traded down $0.02 during trading on Monday, hitting $14.19. The company had a trading volume of 7,784 shares, compared to its average volume of 31,088. Brookfield Property Preferred has a 52 week low of $13.25 and a 52 week high of $18.46. The business’s 50-day moving average is $15.09 and its 200 day moving average is $16.05.

Brookfield Property Preferred Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 3rd were given a $0.3906 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.01%.

About Brookfield Property Preferred

Brookfield Property Partners LP invests in real estate. The Company owns, operates and invests in commercial properties. Brookfield Property Partners focuses on properties located in North America, Europe, Australia and Brazil.