Brookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 46,800 shares, an increase of 36.4% from the February 28th total of 34,300 shares. Based on an average daily trading volume, of 18,000 shares, the short-interest ratio is presently 2.6 days.
Brookfield Property Partners Stock Down 3.5 %
Shares of BPYPP stock opened at $13.61 on Tuesday. The stock’s fifty day simple moving average is $15.32 and its 200 day simple moving average is $15.76. Brookfield Property Partners has a one year low of $13.39 and a one year high of $18.20.
Brookfield Property Partners Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were issued a $0.4063 dividend. This represents a $1.63 annualized dividend and a dividend yield of 11.94%. The ex-dividend date of this dividend was Monday, March 3rd.
Brookfield Property Partners Company Profile
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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