Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Update

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 5,800 shares, a drop of 56.4% from the December 31st total of 13,300 shares. Based on an average daily volume of 57,800 shares, the short-interest ratio is currently 0.1 days.

Pershing Square Price Performance

Shares of Pershing Square stock traded down $0.49 during trading hours on Wednesday, hitting $51.27. 15,516 shares of the company were exchanged, compared to its average volume of 27,351. The business has a 50-day moving average of $49.25 and a 200-day moving average of $48.13. Pershing Square has a 1 year low of $42.26 and a 1 year high of $55.86.

Pershing Square Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be given a dividend of $0.1646 per share. This is a positive change from Pershing Square’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, February 14th.

Pershing Square Company Profile

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.