Brookfield Property Partners L.P. (NASDAQ:BPYPP) Sees Large Decline in Short Interest

by · The Cerbat Gem

Brookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 8,713 shares, a decline of 64.0% from the September 30th total of 24,235 shares. Based on an average daily trading volume, of 12,519 shares, the short-interest ratio is presently 0.7 days.

Brookfield Property Partners Trading Down 3.0%

Shares of BPYPP traded down $0.45 during trading hours on Friday, hitting $14.31. The stock had a trading volume of 77,695 shares, compared to its average volume of 18,773. The company’s fifty day simple moving average is $15.60 and its 200 day simple moving average is $15.74. Brookfield Property Partners has a 12-month low of $14.25 and a 12-month high of $16.73.

Brookfield Property Partners Company Profile

(Get Free Report)

Brookfield Property Partners L.P. was a global real estate company focused on owning, developing and operating a diversified portfolio of commercial and residential properties. Its holdings and activities included office buildings, retail properties, multifamily housing, student housing, hospitality assets, logistics facilities, self-storage properties and manufactured housing.

The company served major real estate markets in North America, Europe, Australia and Brazil, with assets located in prominent cities and metropolitan areas.

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