Brookfield Property Partners L.P. (NASDAQ:BPYPN) Short Interest Up 43.4% in January

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 28,400 shares, an increase of 43.4% from the January 15th total of 19,800 shares. Based on an average daily trading volume, of 18,400 shares, the days-to-cover ratio is currently 1.5 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ:BPYPN opened at $14.11 on Friday. Brookfield Property Partners has a 52-week low of $11.51 and a 52-week high of $15.49. The stock’s fifty day simple moving average is $13.38 and its 200-day simple moving average is $13.69.

Brookfield Property Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be issued a $0.3594 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.44 dividend on an annualized basis and a yield of 10.19%.

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.