Brookfield Property Partners L.P. (NASDAQ:BPYPN) Short Interest Up 144.1% in April

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 8,421 shares, a growth of 144.1% from the April 15th total of 3,450 shares. Based on an average daily volume of 30,161 shares, the short-interest ratio is presently 0.3 days.

Brookfield Property Partners Stock Down 0.4%

NASDAQ:BPYPN traded down $0.05 on Friday, reaching $13.92. 6,481 shares of the company’s stock were exchanged, compared to its average volume of 17,935. The business has a fifty day moving average of $13.72 and a 200-day moving average of $13.69. Brookfield Property Partners has a 52-week low of $12.51 and a 52-week high of $14.88.

Brookfield Property Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.3594 per share. The ex-dividend date is Monday, June 1st. This represents a $1.44 dividend on an annualized basis and a yield of 10.3%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.