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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 23,043 shares, an increase of 25.3% from the March 15th total of 18,383 shares. Based on an average daily volume of 42,380 shares, the days-to-cover ratio is presently 0.5 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPO traded down $0.06 during mid-day trading on Thursday, hitting $15.22. 3,189 shares of the stock traded hands, compared to its average volume of 28,770. Brookfield Property Partners has a 52 week low of $13.87 and a 52 week high of $16.26. The firm’s 50 day moving average is $15.06 and its two-hundred day moving average is $14.90.

Brookfield Property Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were paid a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 10.5%. The ex-dividend date was Friday, February 27th.

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.