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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the target of a significant drop in short interest in 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 currently 0.4 days.

Pershing Square Trading Up 3.2 %

Shares of PSHZF stock traded up $1.49 during mid-day trading on Friday, reaching $48.23. The stock had a trading volume of 16,232 shares, compared to its average volume of 27,145. Pershing Square has a 12-month low of $39.09 and a 12-month high of $55.86. The business has a 50-day simple moving average of $46.60 and a 200 day simple moving average of $49.15.

Pershing Square Dividend Announcement

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

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.