Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Significant Decline in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 2,600 shares, a decrease of 65.8% from the May 31st total of 7,600 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.1 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPO traded down $0.10 during trading hours on Friday, hitting $13.15. The company’s stock had a trading volume of 21,924 shares, compared to its average volume of 37,388. Brookfield Property Partners has a 52-week low of $10.85 and a 52-week high of $15.00. The stock has a fifty day moving average of $13.72 and a 200-day moving average of $13.41.

Brookfield Property Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 3rd were paid a $0.3984 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.59 annualized dividend and a yield of 12.12%.

Brookfield Property Partners Company Profile

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.