Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 18,500 shares, a decline of 18.9% from the October 31st total of 22,800 shares. Based on an average daily volume of 43,200 shares, the short-interest ratio is presently 0.4 days.
Pershing Square Stock Performance
Shares of OTCMKTS PSHZF traded up $1.49 during midday trading on Friday, hitting $48.23. The stock had a trading volume of 16,232 shares, compared to its average volume of 27,145. Pershing Square has a 1-year low of $39.09 and a 1-year high of $55.86. The company has a fifty day moving average price of $46.60 and a 200 day moving average price of $49.15.
Pershing Square Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 15th will be paid a $0.1456 dividend. This represents a $0.58 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Friday, November 15th.
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.
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