Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Down 59.5% in May

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,743 shares, a drop of 59.5% from the April 30th total of 4,304 shares. Based on an average daily trading volume, of 7,737 shares, the short-interest ratio is presently 0.2 days.

Brookfield Property Partners Price Performance

BPYPO opened at $15.40 on Friday. Brookfield Property Partners has a 1 year low of $13.87 and a 1 year high of $16.26. The stock has a fifty day moving average price of $15.19 and a 200 day moving average price of $14.97.

Brookfield Property Partners Dividend Announcement

The company 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. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.59 dividend on an annualized basis and a yield of 10.3%.

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.