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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 53,300 shares, a decline of 22.2% from the February 28th total of 68,500 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 59,000 shares, the days-to-cover ratio is presently 0.9 days.

Pershing Square Trading Down 0.8 %

OTCMKTS PSHZF traded down $0.40 during trading hours on Monday, reaching $49.35. 3,533 shares of the company traded hands, compared to its average volume of 24,124. The company has a 50 day moving average of $52.18 and a two-hundred day moving average of $49.26. Pershing Square has a 12 month low of $42.26 and a 12 month high of $57.85.

Pershing Square Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, February 14th were issued a dividend of $0.1646 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.33%. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 14th.

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.