Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Up 217.8% in March

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 18,383 shares, a growth of 217.8% from the February 26th total of 5,784 shares. Based on an average daily volume of 53,253 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 53,253 shares, the days-to-cover ratio is presently 0.3 days.

Brookfield Property Partners Stock Performance

Brookfield Property Partners stock opened at $14.64 on Wednesday. Brookfield Property Partners has a 1 year low of $13.01 and a 1 year high of $16.26. The company’s 50-day moving average is $15.04 and its two-hundred day moving average is $14.89.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $0.3984 dividend. This represents a $1.59 annualized dividend and a yield of 10.9%. The ex-dividend date is Friday, February 27th.

Brookfield Property Partners Company Profile

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.