Brookfield Property Partners L.P. (NASDAQ:BPYPN) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 8,421 shares, a growth of 144.1% from the April 15th total of 3,450 shares. Based on an average daily trading volume, of 30,161 shares, the short-interest ratio is presently 0.3 days.

Brookfield Property Partners Stock Down 0.7%

Shares of BPYPN traded down $0.10 during trading hours on Friday, reaching $13.88. The stock had a trading volume of 3,830 shares, compared to its average volume of 17,907. Brookfield Property Partners has a 12 month low of $12.51 and a 12 month high of $14.88. The company’s 50-day moving average is $13.72 and its two-hundred day moving average is $13.69.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st will be given a $0.3594 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.44 annualized dividend and a yield of 10.4%.

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.