Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 678,100 shares, an increase of 6.1% from the December 15th total of 639,000 shares. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is currently 26.8 days.
Brookfield Property Preferred Price Performance
Shares of BPYPM stock opened at $15.80 on Tuesday. The business’s 50-day moving average price is $16.16 and its 200-day moving average price is $16.41. Brookfield Property Preferred has a 12 month low of $12.66 and a 12 month high of $18.46.
Brookfield Property Preferred Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 9.89%. The ex-dividend date was Monday, December 2nd.
Brookfield Property Preferred Company Profile
Brookfield Property Partners LP invests in real estate. The Company owns, operates and invests in commercial properties. Brookfield Property Partners focuses on properties located in North America, Europe, Australia and Brazil.
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