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

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

Pershing Square Price Performance

OTCMKTS:PSHZF traded up $0.46 during mid-day trading on Friday, hitting $53.05. 8,091 shares of the company's stock traded hands, compared to its average volume of 24,665. The firm has a 50 day moving average of $49.54 and a two-hundred day moving average of $48.08. Pershing Square has a 12 month low of $42.26 and a 12 month high of $55.86.

Pershing Square Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be given a dividend of $0.1646 per share. The ex-dividend date is Friday, February 14th. This is a boost from Pershing Square's previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.24%.

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.