Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Significant Drop in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 10,100 shares, a decline of 14.4% from the October 15th total of 11,800 shares. Based on an average trading volume of 17,400 shares, the days-to-cover ratio is currently 0.6 days.

Brookfield Property Partners Trading Up 1.0 %

BPYPP traded up $0.15 during trading hours on Monday, reaching $15.90. The company’s stock had a trading volume of 6,662 shares, compared to its average volume of 21,503. The business’s 50-day moving average is $16.63 and its 200-day moving average is $15.36. Brookfield Property Partners has a fifty-two week low of $12.38 and a fifty-two week high of $18.20.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be paid a $0.4063 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.22%.

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.