Brookfield Property Partners L.P. (NASDAQ:BPYPN) Sees Significant Decline in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 19,800 shares, a drop of 13.5% from the December 31st total of 22,900 shares. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is currently 1.0 days.

Brookfield Property Partners Stock Down 2.5 %

Shares of NASDAQ:BPYPN traded down $0.35 during midday trading on Monday, reaching $13.73. The company’s stock had a trading volume of 6,071 shares, compared to its average volume of 15,527. The stock has a fifty day moving average of $13.39 and a 200 day moving average of $13.59. Brookfield Property Partners has a twelve month low of $11.51 and a twelve month high of $15.49.

Brookfield Property Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were given a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date was Monday, December 2nd.

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.