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

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

Pershing Square Stock Up 3.8 %

Shares of OTCMKTS PSHZF traded up $1.88 during trading on Tuesday, hitting $51.25. 108,190 shares of the company traded hands, compared to its average volume of 40,849. The company has a 50-day moving average price of $47.83 and a 200-day moving average price of $48.22. Pershing Square has a 1 year low of $42.26 and a 1 year high of $55.86.

Pershing Square Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 15th were issued a $0.1456 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.58 annualized dividend and a yield of 1.14%.

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.