Brookfield Property Partners L.P. (NASDAQ:BPYPO – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 13,301 shares, a drop of 35.5% from the September 30th total of 20,627 shares. Based on an average daily trading volume, of 15,482 shares, the short-interest ratio is presently 0.9 days.
Brookfield Property Partners Stock Performance
NASDAQ BPYPO opened at $14.62 on Wednesday. Brookfield Property Partners has a fifty-two week low of $14.08 and a fifty-two week high of $16.26. The stock’s 50-day moving average is $14.91 and its two-hundred day moving average is $15.10.
About Brookfield Property Partners
Brookfield Property Partners L.P. is a global real estate company associated with Brookfield Asset Management. The company owns, develops and operates a diversified portfolio of commercial and residential properties, with activities spanning office, retail, multifamily, logistics, hospitality and other real estate sectors.
Its business includes the ownership and management of large-scale office and retail properties, as well as residential and industrial assets. Brookfield Property Partners has historically served major markets in North America, Europe, Australia and Brazil, with a focus on high-quality properties in established urban and regional locations.
Brookfield Property Partners was formed in 2013 through the combination of Brookfield Asset Management’s core real estate operations and was structured as a publicly traded limited partnership.
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