Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 23,043 shares, a growth of 25.3% from the March 15th total of 18,383 shares. Based on an average trading volume of 42,380 shares, the short-interest ratio is presently 0.5 days.

Brookfield Property Partners Stock Up 0.7%

NASDAQ:BPYPO opened at $15.25 on Friday. The company has a 50-day moving average of $15.07 and a 200-day moving average of $14.91. Brookfield Property Partners has a 52 week low of $13.87 and a 52 week high of $16.26.

Brookfield Property Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were given a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a dividend yield of 10.5%. The ex-dividend date was Friday, February 27th.

Brookfield Property Partners Company Profile

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.