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

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

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPP opened at $14.85 on Thursday. Brookfield Property Partners has a 52-week low of $13.54 and a 52-week high of $18.20. The firm has a fifty day moving average of $15.15 and a 200-day moving average of $15.74.

Brookfield Property Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be given a dividend of $0.4063 per share. 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.