Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Expands By 92.5%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 25,600 shares, a growth of 92.5% from the August 15th total of 13,300 shares. Based on an average trading volume of 17,600 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 17,600 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of Brookfield Property Partners

An institutional investor recently bought a new position in Brookfield Property Partners stock. Arthur M. Cohen & Associates LLC acquired a new stake in Brookfield Property Partners L.P. (NASDAQ:BPYPP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 27,900 shares of the company’s stock, valued at approximately $380,000.

Brookfield Property Partners Stock Down 0.7%

BPYPP stock opened at $15.10 on Friday. The firm’s fifty day simple moving average is $14.87 and its 200-day simple moving average is $14.74. Brookfield Property Partners has a 12 month low of $13.01 and a 12 month high of $18.20.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Tuesday, September 2nd will be issued a $0.4063 dividend. This represents a $1.63 annualized dividend and a dividend yield of 10.8%. The ex-dividend date of this dividend is Tuesday, September 2nd.

Brookfield Property Partners Company Profile

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.