Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Update

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 9,169 shares, a growth of 426.0% from the May 14th total of 1,743 shares. Based on an average daily volume of 11,138 shares, the days-to-cover ratio is presently 0.8 days.

Brookfield Property Partners Price Performance

Shares of NASDAQ BPYPO traded down $0.01 during mid-day trading on Friday, reaching $15.09. The company had a trading volume of 14,711 shares, compared to its average volume of 21,936. The stock has a fifty day moving average of $15.26 and a two-hundred day moving average of $14.98. Brookfield Property Partners has a 12-month low of $13.87 and a 12-month high of $16.26.

Brookfield Property Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 1st will be given a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 10.6%. The ex-dividend date of this dividend is Monday, June 1st.

Brookfield Property Partners Company Profile

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.