Brookfield Property Partners L.P. (NASDAQ:BPYPN) Sees Significant Decrease in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 2,930 shares, a drop of 87.6% from the August 31st total of 23,645 shares. Based on an average daily volume of 13,834 shares, the short-interest ratio is currently 0.2 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPN opened at $13.20 on Friday. The business has a 50 day simple moving average of $13.81 and a 200 day simple moving average of $13.78. Brookfield Property Partners has a 52 week low of $12.99 and a 52 week high of $14.88.

Brookfield Property Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.3594 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 10.9%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.