Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Down 44.6% in January

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 9,700 shares, a drop of 44.6% from the January 15th total of 17,500 shares. Based on an average daily trading volume, of 18,200 shares, the days-to-cover ratio is presently 0.5 days.

Brookfield Property Partners Stock Performance

Shares of BPYPP traded up $0.08 during mid-day trading on Thursday, reaching $15.81. 1,791 shares of the company’s stock were exchanged, compared to its average volume of 15,951. The business’s fifty day simple moving average is $14.88 and its 200-day simple moving average is $15.63. Brookfield Property Partners has a 52-week low of $12.95 and a 52-week high of $18.20.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be paid a $0.4063 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.63 dividend on an annualized basis and a yield of 10.28%.

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.