Brookfield Property Partners L.P. (NASDAQ:BPYPN) Sees Significant Decrease in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPN) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 2,930 shares, a decrease of 87.6% from the August 31st total of 23,645 shares. Based on an average daily volume of 13,834 shares, the short-interest ratio is presently 0.2 days.

Brookfield Property Partners Stock Up 0.1%

Shares of NASDAQ BPYPN traded up $0.01 during mid-day trading on Friday, hitting $13.21. 22,853 shares of the company’s stock traded hands, compared to its average volume of 21,716. The company’s 50-day moving average is $13.79 and its two-hundred day moving average is $13.78. Brookfield Property Partners has a 1 year low of $12.99 and a 1 year high of $14.88.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date is Tuesday, September 1st.

About Brookfield Property Partners

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.