Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 9,912 shares, a decline of 39.5% from the July 15th total of 16,374 shares. Based on an average daily trading volume, of 10,808 shares, the days-to-cover ratio is presently 0.9 days.

Brookfield Property Partners Stock Performance

Shares of Brookfield Property Partners stock opened at $15.36 on Thursday. The company has a fifty day simple moving average of $15.21 and a 200-day simple moving average of $15.17. Brookfield Property Partners has a 12-month low of $14.08 and a 12-month high of $16.26.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.3984 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.4%.

Brookfield Property Partners Company Profile

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.