Brookfield Property Partners L.P. (NASDAQ:BPYPN) Short Interest Up 43.4% in January

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 28,400 shares, an increase of 43.4% from the January 15th total of 19,800 shares. Based on an average daily trading volume, of 18,400 shares, the days-to-cover ratio is currently 1.5 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ BPYPN traded up $0.10 during midday trading on Friday, reaching $14.21. 16,718 shares of the company were exchanged, compared to its average volume of 13,171. Brookfield Property Partners has a 1 year low of $11.51 and a 1 year high of $15.49. The stock has a fifty day simple moving average of $13.39 and a 200 day simple moving average of $13.70.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be issued a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.12%. The ex-dividend date of this dividend is Monday, March 3rd.

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.