Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Large Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 13,506 shares, an increase of 99.4% from the December 31st total of 6,773 shares. Based on an average daily volume of 15,395 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 15,395 shares, the short-interest ratio is presently 0.9 days.

Brookfield Property Partners Stock Performance

Shares of BPYPO stock opened at $15.01 on Friday. The firm has a fifty day simple moving average of $14.66 and a two-hundred day simple moving average of $14.78. Brookfield Property Partners has a 12 month low of $13.01 and a 12 month high of $15.57.

Brookfield Property Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st were given a dividend of $0.3984 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.59 annualized dividend and a dividend yield of 10.6%.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.