Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 7,800 shares, a drop of 34.5% from the August 31st total of 11,900 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.6 days.
Brookfield Property Partners Stock Performance
BPYPO stock opened at $15.40 on Tuesday. The business has a fifty day simple moving average of $14.83 and a 200-day simple moving average of $14.59. Brookfield Property Partners has a 52 week low of $13.01 and a 52 week high of $17.20.
Brookfield Property Partners Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.3984 per share. This represents a $1.59 dividend on an annualized basis and a yield of 10.3%. The ex-dividend date of this dividend was Tuesday, September 2nd.
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.
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