Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Significant Growth in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 32,600 shares, an increase of 7.6% from the October 15th total of 30,300 shares. Based on an average trading volume of 24,000 shares, the days-to-cover ratio is currently 1.4 days.

Brookfield Property Partners Stock Down 1.0 %

NASDAQ:BPYPO opened at $15.60 on Tuesday. The firm’s 50 day moving average is $16.14 and its 200 day moving average is $14.48. Brookfield Property Partners has a 12 month low of $12.31 and a 12 month high of $17.20.

Brookfield Property Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be given a dividend of $0.3984 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.22%.

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.