Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Expands By 77.2%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 28,683 shares, an increase of 77.2% from the November 30th total of 16,191 shares. Based on an average daily volume of 29,990 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 29,990 shares, the days-to-cover ratio is presently 1.0 days.

Brookfield Property Partners Trading Down 0.6%

Shares of Brookfield Property Partners stock opened at $14.85 on Friday. Brookfield Property Partners has a 1 year low of $13.01 and a 1 year high of $16.25. The firm’s 50-day moving average is $14.94 and its 200 day moving average is $14.95.

Brookfield Property Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 10.9%. The ex-dividend date is Monday, December 1st.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.

Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.