Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Down 56.9% in January

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 5,815 shares, a decrease of 56.9% from the January 15th total of 13,506 shares. Based on an average daily trading volume, of 12,708 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 12,708 shares, the short-interest ratio is currently 0.5 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ:BPYPO opened at $15.13 on Thursday. Brookfield Property Partners has a 12 month low of $13.01 and a 12 month high of $15.57. The company’s 50-day moving average price is $14.75 and its two-hundred day moving average price is $14.81.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Friday, February 27th.

Brookfield Property Partners Company Profile

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.