Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 69,700 shares, a growth of 141.2% from the February 28th total of 28,900 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 4.5 days.
Brookfield Property Partners Trading Down 1.9 %
Shares of Brookfield Property Partners stock opened at $13.83 on Friday. The firm has a 50-day simple moving average of $14.84 and a two-hundred day simple moving average of $15.29. Brookfield Property Partners has a fifty-two week low of $12.97 and a fifty-two week high of $17.20.
Brookfield Property Partners Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be given a $0.3984 dividend. This represents a $1.59 annualized dividend and a yield of 11.52%. The ex-dividend date of this dividend is Monday, March 3rd.
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.
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