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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the target of a significant decline in short interest in 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 daily volume of 57,800 shares, the days-to-cover ratio is presently 0.1 days.

Pershing Square Stock Up 2.8 %

PSHZF stock traded up $1.43 during midday trading on Friday, reaching $52.69. The company had a trading volume of 3,290 shares, compared to its average volume of 24,665. The stock has a 50 day moving average price of $49.40 and a 200-day moving average price of $48.16. Pershing Square has a 1-year low of $42.26 and a 1-year high of $55.86.

Pershing Square Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 14th will be paid a $0.1646 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Friday, February 14th. This is an increase from Pershing Square’s previous quarterly dividend of $0.15.

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.