Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 10,100 shares, a drop 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 Stock Down 1.7 %

Shares of BPYPP traded down $0.27 during midday trading on Friday, reaching $15.75. The company had a trading volume of 14,540 shares, compared to its average volume of 21,570. Brookfield Property Partners has a 1-year low of $12.38 and a 1-year high of $18.20. The firm has a 50 day simple moving average of $16.63 and a 200-day simple moving average of $15.35.

Brookfield Property Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be paid a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.32%. The ex-dividend date of this dividend is Monday, December 2nd.

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.