Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Down 56.4% in January

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 5,800 shares, a decline of 56.4% from the December 31st total of 13,300 shares. Based on an average trading volume of 57,800 shares, the short-interest ratio is currently 0.1 days.

Pershing Square Stock Performance

Pershing Square stock traded up $1.43 during midday trading on Friday, reaching $52.69. The company’s stock had a trading volume of 3,290 shares, compared to its average volume of 24,665. Pershing Square has a 52 week low of $42.26 and a 52 week high of $55.86. The business has a 50-day moving average price of $49.40 and a 200-day moving average price of $48.16.

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 issued a dividend of $0.1646 per share. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, February 14th.

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.