Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Down 34.5% in December

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 13,300 shares, a drop of 34.5% from the November 30th total of 20,300 shares. Based on an average trading volume of 96,400 shares, the days-to-cover ratio is currently 0.1 days.

Pershing Square Stock Performance

Shares of PSHZF traded down $0.47 during mid-day trading on Monday, hitting $47.33. 24,231 shares of the company traded hands, compared to its average volume of 28,209. The business has a 50 day moving average of $47.13 and a 200 day moving average of $48.56. Pershing Square has a 1-year low of $42.26 and a 1-year high of $55.86.

Pershing Square Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 15th were paid a dividend of $0.1456 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.58 annualized dividend and a dividend yield of 1.23%.

About Pershing Square

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.