Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Down 33.3% in July

Posted by Oscar Bower on Jul 28th, 2024

Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) was the target of a large drop in short interest in July. As of July 15th, there was short interest totalling 1,400 shares, a drop of 33.3% from the June 30th total of 2,100 shares. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is currently 0.1 days.

Brookfield Property Partners Stock Up 0.7 %

NASDAQ BPYPO traded up $0.09 during midday trading on Friday, hitting $13.59. 3,892 shares of the company traded hands, compared to its average volume of 35,363. The company’s 50-day simple moving average is $13.53 and its 200-day simple moving average is $13.48. Brookfield Property Partners has a 52 week low of $10.85 and a 52 week high of $15.00.

Brookfield Property Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 3rd were given a dividend of $0.3984 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.59 annualized dividend and a yield of 11.73%.

About Brookfield Property Partners

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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.