Brookfield Property Partners L.P. (NASDAQ:BPYPP) Short Interest Up 27.8% in February

Brookfield Property Partners L.P. (NASDAQ:BPYPP) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 12,400 shares, a growth of 27.8% from the January 31st total of 9,700 shares. Based on an average daily trading volume, of 17,300 shares, the days-to-cover ratio is currently 0.7 days.

Brookfield Property Partners Price Performance

Shares of Brookfield Property Partners stock traded up $0.09 during midday trading on Thursday, hitting $15.62. 7,036 shares of the company were exchanged, compared to its average volume of 14,390. The firm has a 50 day simple moving average of $15.07 and a 200-day simple moving average of $15.74. Brookfield Property Partners has a 52 week low of $13.03 and a 52 week high of $18.20.

Brookfield Property Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be issued a dividend of $0.4063 per share. This represents a $1.63 annualized dividend and a yield of 10.40%. The ex-dividend date is Monday, March 3rd.

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.