Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Down 39.5% in July

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 9,912 shares, a drop of 39.5% from the July 15th total of 16,374 shares. Based on an average daily volume of 10,808 shares, the short-interest ratio is presently 0.9 days.

Brookfield Property Partners Price Performance

Shares of BPYPO stock traded down $0.04 on Tuesday, hitting $15.35. The stock had a trading volume of 28,669 shares, compared to its average volume of 19,792. Brookfield Property Partners has a twelve month low of $14.08 and a twelve month high of $16.26. The company has a fifty day moving average price of $15.20 and a two-hundred day moving average price of $15.17.

Brookfield Property Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Tuesday, September 1st.

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.