Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Significant Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 30,589 shares, a growth of 208.6% from the July 30th total of 9,912 shares. Based on an average daily volume of 10,461 shares, the days-to-cover ratio is currently 2.9 days.

Brookfield Property Partners Stock Up 1.0%

Shares of NASDAQ:BPYPO traded up $0.15 during midday trading on Thursday, reaching $15.55. The company’s stock had a trading volume of 19,580 shares, compared to its average volume of 19,701. Brookfield Property Partners has a 12-month low of $14.08 and a 12-month high of $16.26. The firm has a 50 day moving average of $15.22 and a 200-day moving average of $15.18.

Brookfield Property Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $0.3984 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.59 annualized dividend and a dividend yield of 10.2%.

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.