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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,841 shares, a decrease of 54.8% from the August 15th total of 30,589 shares. Based on an average daily volume of 20,169 shares, the short-interest ratio is currently 0.7 days.

Brookfield Property Partners Stock Down 0.1%

NASDAQ:BPYPO traded down $0.02 during mid-day trading on Tuesday, reaching $14.96. 8,700 shares of the company’s stock traded hands, compared to its average volume of 20,139. The company has a 50 day moving average price of $15.22 and a 200-day moving average price of $15.17. Brookfield Property Partners has a 12-month low of $14.08 and a 12-month high of $16.26.

Brookfield Property Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.3984 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.59 annualized dividend and a dividend yield of 10.7%.

About Brookfield Property Partners

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.