Short Interest in Brookfield Property Partners L.P. (NASDAQ:BPYPP) Drops By 11.9%

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 12,600 shares, a decline of 11.9% from the November 30th total of 14,300 shares. Based on an average daily volume of 16,100 shares, the days-to-cover ratio is presently 0.8 days.

Brookfield Property Partners Price Performance

Brookfield Property Partners stock traded down $0.46 on Tuesday, reaching $13.81. The company’s stock had a trading volume of 49,032 shares, compared to its average volume of 21,167. Brookfield Property Partners has a twelve month low of $12.86 and a twelve month high of $18.20. The business’s fifty day moving average price is $16.11 and its 200 day moving average price is $15.61.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be given a $0.4063 dividend. This represents a $1.63 annualized dividend and a yield of 11.77%. The ex-dividend date of this dividend is Monday, December 2nd.

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.