Brookfield Property Partners L.P. (NASDAQ:BPYPO) Stock Short Interest Climbs 76.8%

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 24,465 shares, an increase of 76.8% from the August 31st total of 13,841 shares. Based on an average daily volume of 25,351 shares, the short-interest ratio is currently 1.0 days.

Brookfield Property Partners Stock Performance

BPYPO stock traded down $0.09 during trading on Tuesday, hitting $14.66. 5,519 shares of the company’s stock traded hands, compared to its average volume of 24,204. Brookfield Property Partners has a 1 year low of $14.08 and a 1 year high of $16.26. The business has a fifty day simple moving average of $15.16 and a two-hundred day simple moving average of $15.16.

Brookfield Property Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 10.9%. The ex-dividend date of this dividend is Tuesday, September 1st.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. was a global real estate company focused on owning, operating and developing high-quality commercial and residential properties. Its portfolio historically included office buildings, retail properties, multifamily housing, industrial and logistics facilities, student housing, hospitality assets and other real estate investments.

The company served major markets in North America, Europe, Australia and Brazil, with properties located in and around many of the world’s leading cities.