Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPN) Declines By 22.9%

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 21,900 shares, a decline of 22.9% from the January 31st total of 28,400 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is currently 1.3 days.

Brookfield Property Partners Stock Down 1.1 %

Shares of BPYPN opened at $14.06 on Tuesday. Brookfield Property Partners has a twelve month low of $11.51 and a twelve month high of $15.49. The firm’s 50 day moving average price is $13.59 and its two-hundred day moving average price is $13.85.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be paid a $0.3594 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 10.22%. 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.