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

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 12,507 shares, a growth of 326.9% from the September 15th total of 2,930 shares. Based on an average daily volume of 92,302 shares, the days-to-cover ratio is currently 0.1 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPN traded up $0.01 during mid-day trading on Monday, hitting $13.33. The stock had a trading volume of 7,941 shares, compared to its average volume of 21,328. Brookfield Property Partners has a twelve month low of $12.99 and a twelve month high of $14.88. The company has a 50 day moving average of $13.70 and a two-hundred day moving average of $13.77.

Brookfield Property Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.3594 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.8%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. is a real estate company associated with Brookfield Asset Management and Brookfield Properties. Its business has focused on owning, developing, and operating a diversified portfolio of commercial and residential properties, with an emphasis on high-quality real estate in major global markets.

The company’s activities have included office buildings, retail centers, multifamily housing, logistics and industrial properties, student housing, and hospitality assets.