Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 4,304 shares, a decrease of 60.7% from the April 15th total of 10,960 shares. Based on an average trading volume of 11,820 shares, the days-to-cover ratio is presently 0.4 days.

Brookfield Property Partners Stock Up 1.0%

Brookfield Property Partners stock traded up $0.16 during trading on Thursday, hitting $15.40. The company had a trading volume of 6,104 shares, compared to its average volume of 24,679. Brookfield Property Partners has a 1-year low of $13.87 and a 1-year high of $16.26. The company’s 50 day simple moving average is $15.09 and its 200-day simple moving average is $14.93.

Brookfield Property Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st will be paid a $0.3984 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.3%.

Brookfield Property Partners Company Profile

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.