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

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 14,300 shares, a growth of 49.0% from the November 15th total of 9,600 shares. Based on an average daily volume of 16,700 shares, the days-to-cover ratio is currently 0.9 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ:BPYPP traded down $0.42 during trading on Friday, reaching $15.32. The stock had a trading volume of 11,495 shares, compared to its average volume of 20,910. Brookfield Property Partners has a fifty-two week low of $12.56 and a fifty-two week high of $18.20. The business has a fifty day moving average price of $16.69 and a 200-day moving average price of $15.59.

Brookfield Property Partners Dividend Announcement

The business 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 $0.4063 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.63 annualized dividend and a dividend yield of 10.61%.

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.