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

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 15,220 shares, an increase of 24.6% from the December 31st total of 12,217 shares. Based on an average trading volume of 12,137 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 12,137 shares, the days-to-cover ratio is presently 1.3 days.

Brookfield Property Partners Stock Up 0.1%

Shares of BPYPN traded up $0.01 during mid-day trading on Tuesday, hitting $13.89. 122 shares of the company’s stock were exchanged, compared to its average volume of 13,186. The stock’s 50-day moving average is $13.53 and its 200-day moving average is $13.52. Brookfield Property Partners has a fifty-two week low of $11.81 and a fifty-two week high of $14.60.

About Brookfield Property Partners

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.