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

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 7,100 shares, a decrease of 45.8% from the October 15th total of 13,100 shares. Based on an average daily trading volume, of 24,800 shares, the short-interest ratio is currently 0.3 days.

Brookfield Property Partners Stock Performance

Brookfield Property Partners stock traded down $0.06 during midday trading on Friday, reaching $14.20. The company’s stock had a trading volume of 9,370 shares, compared to its average volume of 28,308. Brookfield Property Partners has a 52 week low of $11.27 and a 52 week high of $15.49. The business has a 50-day moving average price of $14.41 and a 200-day moving average price of $13.18.

Brookfield Property Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be given a dividend of $0.3594 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.44 annualized dividend and a yield of 10.12%.

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.