Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 28,900 shares, a growth of 221.1% from the February 13th total of 9,000 shares. Based on an average daily volume of 15,400 shares, the days-to-cover ratio is presently 1.9 days.
Brookfield Property Partners Stock Performance
Shares of Brookfield Property Partners stock opened at $14.85 on Friday. The company’s 50 day moving average price is $14.72 and its 200-day moving average price is $15.23. Brookfield Property Partners has a 52-week low of $12.97 and a 52-week high of $17.20.
Brookfield Property Partners Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be paid a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.73%. 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.
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