Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPO) Declines By 16.9%

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 30,900 shares, a decrease of 16.9% from the November 30th total of 37,200 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 2.6 days.

Brookfield Property Partners Price Performance

NASDAQ BPYPO traded down $0.30 on Tuesday, hitting $13.60. 31,809 shares of the company traded hands, compared to its average volume of 28,440. The business’s 50 day moving average price is $15.72 and its 200-day moving average price is $14.79. Brookfield Property Partners has a 52-week low of $12.44 and a 52-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 $0.3984 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 11.72%.

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.