Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Up 208.6% in August

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 30,589 shares, an increase of 208.6% from the July 30th total of 9,912 shares. Based on an average daily trading volume, of 10,461 shares, the short-interest ratio is currently 2.9 days.

Brookfield Property Partners Trading Down 0.2%

Shares of NASDAQ:BPYPO traded down $0.03 during trading on Friday, reaching $15.40. The company had a trading volume of 18,833 shares, compared to its average volume of 19,698. The firm’s fifty day moving average is $15.23 and its 200 day moving average is $15.19. Brookfield Property Partners has a twelve month low of $14.08 and a twelve month high of $16.26.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 10.3%. The ex-dividend date is Tuesday, September 1st.

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.