Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPO) Rises By 35.0%

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 41,700 shares, an increase of 35.0% from the December 15th total of 30,900 shares. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is presently 3.3 days.

Brookfield Property Partners Trading Up 1.3 %

NASDAQ:BPYPO opened at $14.50 on Friday. The business’s 50-day moving average is $15.01 and its 200 day moving average is $14.82. Brookfield Property Partners has a 12 month low of $12.65 and a 12 month high of $17.20.

Brookfield Property Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were issued a dividend of $0.3984 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.59 annualized dividend and a dividend yield of 10.99%.

About Brookfield Property Partners

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.