Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Significant Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 14,300 shares, a growth of 49.0% from the November 15th total of 9,600 shares. Based on an average daily volume of 16,700 shares, the short-interest ratio is currently 0.9 days.

Brookfield Property Partners Price Performance

Shares of BPYPP stock traded down $0.42 during mid-day trading on Friday, reaching $15.32. The stock had a trading volume of 11,495 shares, compared to its average volume of 20,910. Brookfield Property Partners has a 52-week low of $12.56 and a 52-week high of $18.20. The stock’s 50-day moving average price is $16.69 and its two-hundred day moving average price is $15.60.

Brookfield Property Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be given a dividend of $0.4063 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.63 annualized dividend and a yield of 10.61%.

About Brookfield Property Partners

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.