Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Significant Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 61,703 shares, a growth of 210.4% from the January 29th total of 19,879 shares. Based on an average daily trading volume, of 17,597 shares, the short-interest ratio is presently 3.5 days. Based on an average daily trading volume, of 17,597 shares, the short-interest ratio is presently 3.5 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPP opened at $16.24 on Thursday. The firm has a 50-day moving average price of $15.39 and a two-hundred day moving average price of $15.19. Brookfield Property Partners has a twelve month low of $13.01 and a twelve month high of $16.73.

Brookfield Property Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $0.4063 per share. This represents a $1.63 annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Friday, February 27th.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.

Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.