Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 22,900 shares, an increase of 76.2% from the December 15th total of 13,000 shares. Based on an average daily trading volume, of 20,300 shares, the days-to-cover ratio is presently 1.1 days.
Brookfield Property Partners Price Performance
BPYPN stock opened at $13.35 on Friday. Brookfield Property Partners has a twelve month low of $11.51 and a twelve month high of $15.49. The business’s 50-day simple moving average is $13.54 and its 200 day simple moving average is $13.46.
Brookfield Property Partners Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd were paid a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a yield of 10.77%. The ex-dividend date of this dividend was 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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