Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Up 7.6% in October

Brookfield Property Partners L.P. (NASDAQ:BPYPO) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 32,600 shares, an increase of 7.6% from the October 15th total of 30,300 shares. Based on an average daily trading volume, of 24,000 shares, the days-to-cover ratio is currently 1.4 days.

Brookfield Property Partners Stock Performance

Shares of BPYPO stock remained flat at $15.75 on Monday. 2,876 shares of the stock traded hands, compared to its average volume of 30,376. Brookfield Property Partners has a fifty-two week low of $12.31 and a fifty-two week high of $17.20. The business has a 50-day simple moving average of $16.10 and a 200 day simple moving average of $14.47.

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 issued a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 10.12%. The ex-dividend date of this dividend is Monday, December 2nd.

Brookfield Property Partners Company Profile

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.