Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 10,800 shares, a drop of 30.8% from the November 15th total of 15,600 shares. Based on an average daily volume of 25,700 shares, the short-interest ratio is currently 0.4 days.
Brookfield Property Partners Stock Performance
Brookfield Property Partners stock traded down $0.09 during midday trading on Friday, reaching $13.47. 8,206 shares of the stock traded hands, compared to its average volume of 27,715. The company has a 50-day simple moving average of $14.44 and a two-hundred day simple moving average of $13.38. Brookfield Property Partners has a 12-month low of $11.27 and a 12-month high of $15.49.
Brookfield Property Partners Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be paid a $0.3594 dividend. This represents a $1.44 annualized dividend and a dividend yield of 10.67%. The ex-dividend date 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.
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