Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 30,900 shares, a drop of 16.9% from the November 30th total of 37,200 shares. Based on an average trading volume of 11,700 shares, the short-interest ratio is currently 2.6 days.
Brookfield Property Partners Stock Performance
NASDAQ:BPYPO traded down $0.30 during trading hours on Tuesday, reaching $13.60. The stock had a trading volume of 31,809 shares, compared to its average volume of 28,440. Brookfield Property Partners has a 52 week low of $12.44 and a 52 week high of $17.20. The company has a 50 day moving average price of $15.72 and a two-hundred day moving average price of $14.79.
Brookfield Property Partners Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be issued a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 11.72%. 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.
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