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

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

Pershing Square Stock Up 0.9 %

OTCMKTS PSHZF traded up $0.50 during trading hours on Friday, hitting $56.60. 18,322 shares of the company’s stock traded hands, compared to its average volume of 23,689. Pershing Square has a 52-week low of $42.26 and a 52-week high of $57.00. The firm’s 50-day moving average is $50.66 and its 200-day moving average is $48.24.

Pershing Square Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be paid a $0.1646 dividend. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.66 annualized dividend and a dividend yield of 1.16%.

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.