Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 32,600 shares, a growth of 7.6% from the October 15th total of 30,300 shares. Based on an average daily trading volume, of 24,000 shares, the days-to-cover ratio is presently 1.4 days.
Brookfield Property Partners Trading Down 2.0 %
NASDAQ BPYPO traded down $0.32 on Friday, reaching $15.75. 7,065 shares of the company’s stock traded hands, compared to its average volume of 30,500. The stock has a 50 day moving average price of $16.10 and a 200-day moving average price of $14.47. Brookfield Property Partners has a fifty-two week low of $12.31 and a fifty-two week high of $17.20.
Brookfield Property Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.3984 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.12%.
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.
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