Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Expands By 52.9%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 13,300 shares, an increase of 52.9% from the May 15th total of 8,700 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is presently 0.6 days.

Brookfield Property Partners Trading Down 1.5 %

Brookfield Property Partners stock traded down $0.22 during midday trading on Friday, hitting $14.64. 4,683 shares of the company’s stock were exchanged, compared to its average volume of 27,569. Brookfield Property Partners has a 12-month low of $11.09 and a 12-month high of $15.99. The firm’s 50 day simple moving average is $14.58 and its 200 day simple moving average is $13.96.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 3rd will be given a $0.4063 dividend. This represents a $1.63 annualized dividend and a yield of 11.10%. The ex-dividend date of this dividend is Monday, June 3rd.

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.