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 February. As of February 13th, there was short interest totaling 8,860 shares, a growth of 52.4% from the January 29th total of 5,815 shares. Based on an average trading volume of 23,908 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 23,908 shares, the days-to-cover ratio is presently 0.4 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPO opened at $14.82 on Friday. The company’s fifty day simple moving average is $14.95 and its 200 day simple moving average is $14.88. Brookfield Property Partners has a 12-month low of $13.01 and a 12-month high of $16.26.

Brookfield Property Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a $0.3984 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.59 annualized dividend and a dividend yield of 10.8%.

About Brookfield Property Partners

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.