Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPO) Declines By 38.1%

Brookfield Property Partners L.P. (NASDAQ:BPYPOGet Free Report) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 6,773 shares, a decline of 38.1% from the December 15th total of 10,947 shares. Based on an average trading volume of 14,438 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 14,438 shares, the days-to-cover ratio is presently 0.5 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPO remained flat at $14.91 during midday trading on Friday. The company had a trading volume of 8,599 shares, compared to its average volume of 15,073. Brookfield Property Partners has a one year low of $13.01 and a one year high of $15.57. The firm has a 50-day moving average price of $14.64 and a two-hundred day moving average price of $14.76.

Brookfield Property Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st were paid a dividend of $0.3984 per share. The ex-dividend date was Monday, December 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.7%.

About Brookfield Property Partners

(Get Free Report)

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.

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