Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Large Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 34,300 shares, an increase of 176.6% from the February 13th total of 12,400 shares. Based on an average daily volume of 17,600 shares, the short-interest ratio is currently 1.9 days.

Brookfield Property Partners Stock Up 0.3 %

Shares of Brookfield Property Partners stock opened at $14.85 on Thursday. The company has a fifty day moving average price of $15.15 and a 200 day moving average price of $15.74. Brookfield Property Partners has a twelve month low of $13.54 and a twelve month high of $18.20.

Brookfield Property Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be issued a $0.4063 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.63 dividend on an annualized basis and a yield of 10.94%.

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.