Brookfield Property Partners L.P. (NASDAQ:BPYPO) Stock Short Interest Climbs 76.8%
by Michael Walen · The Markets DailyBrookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 24,465 shares, a growth of 76.8% from the August 31st total of 13,841 shares. Based on an average trading volume of 25,351 shares, the short-interest ratio is presently 1.0 days.
Brookfield Property Partners Stock Performance
Shares of Brookfield Property Partners stock traded down $0.09 on Tuesday, hitting $14.66. 5,519 shares of the company traded hands, compared to its average volume of 24,204. Brookfield Property Partners has a 52 week low of $14.08 and a 52 week high of $16.26. The stock’s 50 day moving average price is $15.16 and its 200-day moving average price is $15.16.
Brookfield Property Partners Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a $0.3984 dividend. This represents a $1.59 annualized dividend and a dividend yield of 10.9%. The ex-dividend date is Tuesday, September 1st.
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.
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