Brookfield Property Partners L.P. (NASDAQ:BPYPN) Shares Shorted: Short Interest Up 239.5% in October

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 18,978 shares, a growth of 239.5% from the October 15th total of 5,590 shares. Based on an average trading volume of 13,907 shares, the short-interest ratio is currently 1.4 days.

Brookfield Property Partners Stock Performance

Shares of BPYPN traded down $0.26 during mid-day trading on Thursday, reaching $13.30. The company had a trading volume of 24,510 shares, compared to its average volume of 20,444. The firm has a 50-day moving average price of $13.45 and a 200 day moving average price of $13.73. Brookfield Property Partners has a 52 week low of $12.99 and a 52 week high of $14.88.

Brookfield Property Partners Company Profile

Brookfield Property Partners LP is a real estate company focused on owning, developing and operating commercial properties. Its portfolio has included office buildings, retail centers, multifamily housing and other real estate assets, with operations across North America, Europe, Australia, Brazil and Asia. The partnership was formed in 2013 as a publicly traded real estate vehicle managed by Brookfield Asset Management. Brookfield acquired its publicly traded limited partnership units in 2021, and the partnership is now privately held; certain preferred units, including those associated with BPYPN, continue to trade publicly.