Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Up 77.2% in December

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 28,683 shares, a growth of 77.2% from the November 30th total of 16,191 shares. Based on an average daily volume of 29,990 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 29,990 shares, the days-to-cover ratio is presently 1.0 days.

Brookfield Property Partners Stock Performance

BPYPP stock opened at $14.73 on Tuesday. The company has a 50 day moving average price of $14.94 and a 200 day moving average price of $14.96. Brookfield Property Partners has a fifty-two week low of $13.01 and a fifty-two week high of $16.25.

Brookfield Property Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st will be given a dividend of $0.4063 per share. The ex-dividend date is Monday, December 1st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 11.0%.

About Brookfield Property Partners

Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.

Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.