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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 58,700 shares, an increase of 80.6% from the May 15th total of 32,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is presently 0.9 days.

Pershing Square Stock Down 0.5%

Pershing Square stock traded down $0.25 during trading hours on Monday, hitting $52.65. 4,120 shares of the stock traded hands, compared to its average volume of 24,931. The firm’s 50 day moving average price is $49.29 and its 200-day moving average price is $50.12. Pershing Square has a 1 year low of $40.35 and a 1 year high of $57.85.

Pershing Square Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, May 19th will be issued a $0.1646 dividend. This represents a yield of 1.31%. This is a positive change from Pershing Square’s previous dividend of $0.15. The ex-dividend date of this dividend is Friday, May 16th.

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.