Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Sees Large Decrease in Short Interest

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 18,500 shares, a drop of 18.9% from the October 31st total of 22,800 shares. Based on an average daily volume of 43,200 shares, the days-to-cover ratio is currently 0.4 days.

Pershing Square Trading Up 3.2 %

OTCMKTS PSHZF opened at $48.23 on Monday. The company has a 50 day moving average of $46.60 and a 200-day moving average of $49.14. Pershing Square has a 1-year low of $39.09 and a 1-year high of $55.86.

Pershing Square Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 15th will be given a dividend of $0.1456 per share. The ex-dividend date is Friday, November 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.21%.

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.