Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 21,900 shares, a drop of 22.9% from the January 31st total of 28,400 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is presently 1.3 days.
Brookfield Property Partners Stock Down 1.1 %
Shares of NASDAQ:BPYPN opened at $13.85 on Wednesday. The company has a 50 day moving average of $13.61 and a two-hundred day moving average of $13.86. Brookfield Property Partners has a 52-week low of $11.67 and a 52-week high of $15.49.
Brookfield Property Partners Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be issued a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a yield of 10.38%. The ex-dividend date is Monday, March 3rd.
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.
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