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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 27,800 shares, a growth of 35.6% from the January 15th total of 20,500 shares. Based on an average daily trading volume, of 26,300 shares, the days-to-cover ratio is presently 1.1 days.

Pershing Square Price Performance

Shares of PSHZF traded up $0.50 during trading hours on Friday, reaching $56.60. 18,322 shares of the company traded hands, compared to its average volume of 23,689. Pershing Square has a 12-month low of $42.26 and a 12-month high of $57.00. The business has a fifty day moving average price of $50.66 and a 200-day moving average price of $48.24.

Pershing Square Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors 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 an increase from Pershing Square’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%.

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.