Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 15,600 shares, an increase of 119.7% from the October 31st total of 7,100 shares. Based on an average daily trading volume, of 24,300 shares, the days-to-cover ratio is currently 0.6 days.
Brookfield Property Partners Stock Up 1.4 %
Shares of Brookfield Property Partners stock traded up $0.20 on Thursday, reaching $14.40. 7,690 shares of the company traded hands, compared to its average volume of 27,941. The company has a 50 day moving average of $14.67 and a 200 day moving average of $13.28. Brookfield Property Partners has a 52 week low of $11.27 and a 52 week high of $15.49.
Brookfield Property Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 9.98%. The ex-dividend date is Monday, December 2nd.
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.
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