Short Interest in Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Decreases By 22.2%

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

Pershing Square Price Performance

Pershing Square stock traded down $0.40 during mid-day trading on Monday, reaching $49.35. 3,533 shares of the company were exchanged, compared to its average volume of 24,124. Pershing Square has a 12 month low of $42.26 and a 12 month high of $57.85. The company has a fifty day simple moving average of $52.18 and a 200-day simple moving average of $49.26.

Pershing Square Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors 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%. The ex-dividend date was Friday, February 14th. This is an increase from Pershing Square’s previous quarterly dividend of $0.15.

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.