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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 41,700 shares, an increase of 35.0% from the December 31st total of 30,900 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is presently 3.3 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPO traded up $0.09 during mid-day trading on Thursday, reaching $14.69. The company had a trading volume of 228 shares, compared to its average volume of 14,289. The stock has a fifty day moving average of $14.79 and a two-hundred day moving average of $14.90. Brookfield Property Partners has a 12-month low of $12.65 and a 12-month high of $17.20.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd were given a $0.3984 dividend. This represents a $1.59 annualized dividend and a yield of 10.85%. The ex-dividend date was 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.