Brookfield Property Partners L.P. (NASDAQ:BPYPO) Shares Shorted: Short Interest Up 76.8% in September

Brookfield Property Partners L.P. (NASDAQ:BPYPO) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 24,465 shares, an increase of 76.8% from the August 31st total of 13,841 shares. Based on an average daily volume of 25,351 shares, the days-to-cover ratio is presently 1.0 days.

Brookfield Property Partners Stock Performance

Shares of NASDAQ BPYPO traded up $0.35 during midday trading on Wednesday, hitting $15.05. The stock had a trading volume of 55,188 shares, compared to its average volume of 24,460. Brookfield Property Partners has a 1-year low of $14.08 and a 1-year high of $16.26. The company has a fifty day moving average price of $15.15 and a 200 day moving average price of $15.16.

Brookfield Property Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were issued a $0.3984 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.59 annualized dividend and a yield of 10.6%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. was a global real estate company focused on owning, operating and developing high-quality commercial and residential properties. Its portfolio historically included office buildings, retail properties, multifamily housing, industrial and logistics facilities, student housing, hospitality assets and other real estate investments.

The company served major markets in North America, Europe, Australia and Brazil, with properties located in and around many of the world’s leading cities.