Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Sees Large Decline in Short Interest

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 18,500 shares, a drop of 18.9% from the October 31st total of 22,800 shares. Based on an average daily trading volume, of 43,200 shares, the days-to-cover ratio is presently 0.4 days.

Pershing Square Stock Up 3.2 %

PSHZF stock opened at $48.23 on Friday. The business’s 50-day moving average price is $46.60 and its 200-day moving average price is $49.15. Pershing Square has a twelve month low of $39.09 and a twelve month high of $55.86.

Pershing Square Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 15th will be given a $0.1456 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.21%.

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.