Brookfield Property Partners L.P. (NASDAQ:BPYPO) Sees Large Increase in Short Interest

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 37,200 shares, a growth of 14.1% from the October 31st total of 32,600 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is presently 1.8 days.

Brookfield Property Partners Trading Down 3.1 %

Shares of BPYPO stock traded down $0.50 during trading hours on Tuesday, hitting $15.55. 3,296 shares of the company were exchanged, compared to its average volume of 29,385. The firm has a fifty day simple moving average of $16.44 and a 200 day simple moving average of $14.61. Brookfield Property Partners has a 52-week low of $12.31 and a 52-week high of $17.20.

Brookfield Property Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be paid a $0.3984 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.59 annualized dividend and a dividend yield of 10.25%.

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.