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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 4,304 shares, a decrease of 60.7% from the April 15th total of 10,960 shares. Based on an average trading volume of 11,820 shares, the days-to-cover ratio is currently 0.4 days.

Brookfield Property Partners Trading Up 0.4%

NASDAQ:BPYPO traded up $0.06 during mid-day trading on Friday, reaching $15.36. 5,512 shares of the stock were exchanged, compared to its average volume of 24,529. The company has a 50 day simple moving average of $15.10 and a 200-day simple moving average of $14.93. Brookfield Property Partners has a 1 year low of $13.87 and a 1 year high of $16.26.

Brookfield Property Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 1st will be paid a dividend of $0.3984 per share. This represents a $1.59 dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Monday, June 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.