Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Up 36.4% in March

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 46,800 shares, an increase of 36.4% from the February 28th total of 34,300 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is currently 2.6 days.

Brookfield Property Partners Trading Up 0.8 %

Shares of Brookfield Property Partners stock traded up $0.12 on Monday, hitting $14.23. 701 shares of the company traded hands, compared to its average volume of 15,878. Brookfield Property Partners has a 52 week low of $13.54 and a 52 week high of $18.20. The business has a 50-day simple moving average of $15.35 and a 200 day simple moving average of $15.77.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be paid a $0.4063 dividend. This represents a $1.63 annualized dividend and a yield of 11.42%. The ex-dividend date of this dividend is Monday, March 3rd.

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.