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

Brookfield Property Partners L.P. (NASDAQ:BPYPPGet Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,000 shares, a decline of 60.9% from the August 31st total of 25,600 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Brookfield Property Partners stock. Arthur M. Cohen & Associates LLC acquired a new stake in shares of Brookfield Property Partners L.P. (NASDAQ:BPYPPFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 27,900 shares of the company’s stock, valued at approximately $380,000.

Brookfield Property Partners Stock Performance

Shares of BPYPP opened at $15.30 on Friday. The business’s fifty day moving average price is $15.06 and its 200 day moving average price is $14.74. Brookfield Property Partners has a 12-month low of $13.01 and a 12-month high of $18.20.

Brookfield Property Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Tuesday, September 2nd were given a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date was Tuesday, September 2nd.

About Brookfield Property Partners

(Get Free Report)

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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