Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Large Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 41,700 shares, an increase of 35.0% from the December 31st total of 30,900 shares. Based on an average trading volume of 12,800 shares, the days-to-cover ratio is presently 3.3 days.

Brookfield Property Partners Stock Down 0.8 %

Shares of NASDAQ BPYPO opened at $14.71 on Friday. The firm’s fifty day moving average is $14.75 and its 200 day moving average is $14.91. Brookfield Property Partners has a 52 week low of $12.65 and a 52 week high of $17.20.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.83%. The ex-dividend date is Monday, March 3rd.

About Brookfield Property Partners

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.