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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 9,169 shares, an increase of 426.0% from the May 14th total of 1,743 shares. Based on an average daily trading volume, of 11,138 shares, the days-to-cover ratio is currently 0.8 days.

Brookfield Property Partners Price Performance

Shares of BPYPO stock traded down $0.06 during mid-day trading on Thursday, hitting $15.04. 15,693 shares of the company’s stock were exchanged, compared to its average volume of 22,196. Brookfield Property Partners has a fifty-two week low of $13.87 and a fifty-two week high of $16.26. The stock has a 50-day simple moving average of $15.26 and a two-hundred day simple moving average of $14.98.

Brookfield Property Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.3984 per share. The ex-dividend date is Monday, June 1st. This represents a $1.59 annualized dividend and a dividend yield of 10.6%.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.