Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Decreases By 69.3%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 18,403 shares, a decrease of 69.3% from the February 26th total of 59,913 shares. Based on an average daily trading volume, of 29,498 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 29,498 shares, the days-to-cover ratio is presently 0.6 days.

Brookfield Property Partners Stock Performance

Shares of BPYPP opened at $15.00 on Wednesday. Brookfield Property Partners has a 1-year low of $13.01 and a 1-year high of $16.73. The company’s fifty day simple moving average is $15.65 and its 200 day simple moving average is $15.24.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Friday, February 27th.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.

Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.