Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Down 11.9% in December

Brookfield Property Partners L.P. (NASDAQ:BPYPP) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 12,600 shares, a decline of 11.9% from the November 30th total of 14,300 shares. Based on an average trading volume of 16,100 shares, the days-to-cover ratio is currently 0.8 days.

Brookfield Property Partners Stock Performance

NASDAQ:BPYPP traded down $0.46 on Tuesday, hitting $13.81. 49,032 shares of the stock were exchanged, compared to its average volume of 21,167. Brookfield Property Partners has a 52 week low of $12.86 and a 52 week high of $18.20. The company’s 50-day moving average price is $16.11 and its 200 day moving average price is $15.61.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be issued a $0.4063 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.63 annualized dividend and a yield of 11.77%.

About Brookfield Property Partners

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.