Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Down 35.2% in December
by Amy Steele · The Cerbat GemBrookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 18,583 shares, a drop of 35.2% from the December 15th total of 28,683 shares. Based on an average daily trading volume, of 21,179 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 21,179 shares, the short-interest ratio is presently 0.9 days.
Brookfield Property Partners Trading Up 1.5%
NASDAQ BPYPP traded up $0.22 during trading hours on Friday, hitting $15.22. 16,860 shares of the company’s stock were exchanged, compared to its average volume of 19,451. The stock has a 50-day simple moving average of $14.87 and a 200 day simple moving average of $14.96. Brookfield Property Partners has a 1-year low of $13.01 and a 1-year high of $16.25.
Brookfield Property Partners Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 1st were paid a dividend of $0.4063 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.63 annualized dividend and a yield of 10.7%.
About Brookfield Property Partners
Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.
Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.