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

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,200 shares, an increase of 12.7% from the December 15th total of 12,600 shares. Based on an average trading volume of 17,300 shares, the short-interest ratio is currently 0.8 days.

Brookfield Property Partners Price Performance

Shares of BPYPP traded up $0.20 during trading hours on Friday, hitting $14.90. The company had a trading volume of 9,083 shares, compared to its average volume of 26,444. The business has a fifty day moving average of $15.29 and a 200-day moving average of $15.56. Brookfield Property Partners has a 12 month low of $12.95 and a 12 month high of $18.20.

Brookfield Property Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were issued a dividend of $0.4063 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.91%. 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.