Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Down 34.7% in February

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 5,784 shares, a drop of 34.7% from the February 12th total of 8,860 shares. Based on an average trading volume of 24,127 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 24,127 shares, the days-to-cover ratio is currently 0.2 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPO traded down $0.03 during trading hours on Friday, hitting $14.96. The company had a trading volume of 9,761 shares, compared to its average volume of 26,520. The stock has a 50-day moving average price of $15.03 and a 200 day moving average price of $14.90. Brookfield Property Partners has a 52 week low of $13.01 and a 52 week high of $16.26.

Brookfield Property Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $0.3984 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.7%.

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.