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

Brookfield Property Partners L.P. (NASDAQ:BPYPNGet Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 15,220 shares, a growth of 24.6% from the December 31st total of 12,217 shares. Based on an average daily volume of 12,137 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 12,137 shares, the short-interest ratio is currently 1.3 days.

Brookfield Property Partners Price Performance

Shares of BPYPN stock traded up $0.09 during trading hours on Wednesday, hitting $13.91. 2,503 shares of the company’s stock were exchanged, compared to its average volume of 12,895. The stock’s 50-day moving average is $13.54 and its 200-day moving average is $13.52. Brookfield Property Partners has a 52 week low of $11.81 and a 52 week high of $14.60.

Brookfield Property Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $0.3594 dividend. This represents a $1.44 annualized dividend and a yield of 10.3%. The ex-dividend date is Friday, February 27th.

Brookfield Property Partners Company Profile

(Get Free Report)

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.

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