Brookfield Property Partners L.P. (NASDAQ:BPYPO) Short Interest Up 141.2% in March

Brookfield Property Partners L.P. (NASDAQ:BPYPOGet Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 69,700 shares, an increase of 141.2% from the February 28th total of 28,900 shares. Based on an average daily volume of 15,500 shares, the days-to-cover ratio is presently 4.5 days.

Brookfield Property Partners Trading Down 0.6 %

NASDAQ:BPYPO opened at $13.75 on Friday. Brookfield Property Partners has a 1 year low of $12.97 and a 1 year high of $17.20. The firm has a 50 day moving average of $14.83 and a 200-day moving average of $15.31.

Brookfield Property Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be paid a $0.3984 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 11.59%.

About Brookfield Property Partners

(Get Free Report)

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.

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