Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Down 22.2% in March

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 53,300 shares, a drop of 22.2% from the February 28th total of 68,500 shares. Based on an average trading volume of 59,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

Pershing Square Stock Performance

PSHZF traded down $2.01 during midday trading on Thursday, reaching $47.40. 29,901 shares of the company's stock were exchanged, compared to its average volume of 23,527. The business's 50-day moving average price is $51.91 and its 200 day moving average price is $49.28. Pershing Square has a 1-year low of $42.26 and a 1-year high of $57.85.

Pershing Square Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, February 14th were given a dividend of $0.1646 per share. This is an increase from Pershing Square's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was 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.