Brookfield Property Partners L.P. (NASDAQ:BPYPN) Sees Significant Growth in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 13,000 shares, an increase of 20.4% from the November 30th total of 10,800 shares. Based on an average daily trading volume, of 21,900 shares, the short-interest ratio is presently 0.6 days.

Brookfield Property Partners Stock Down 2.9 %

BPYPN traded down $0.37 on Tuesday, hitting $12.51. The company had a trading volume of 36,670 shares, compared to its average volume of 27,328. The company’s fifty day moving average price is $13.98 and its 200 day moving average price is $13.43. Brookfield Property Partners has a 1-year low of $11.27 and a 1-year high of $15.49.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be paid a $0.3594 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.49%. The ex-dividend date 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.