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

Brookfield Property Partners L.P. (NASDAQ:BPYPN) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 2,930 shares, a decrease of 87.6% from the August 31st total of 23,645 shares. Based on an average trading volume of 13,834 shares, the days-to-cover ratio is currently 0.2 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPN opened at $13.20 on Friday. The business’s 50-day simple moving average is $13.81 and its 200-day simple moving average is $13.78. Brookfield Property Partners has a 52 week low of $12.99 and a 52 week high of $14.88.

Brookfield Property Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.3594 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.44 dividend on an annualized basis and a yield of 10.9%.

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.