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

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

Pershing Square Trading Down 0.8 %

OTCMKTS PSHZF traded down $0.40 on Tuesday, reaching $48.95. 16,672 shares of the stock traded hands, compared to its average volume of 23,983. Pershing Square has a 12 month low of $42.26 and a 12 month high of $57.85. The company has a fifty day moving average price of $52.12 and a 200-day moving average price of $49.28.

Pershing Square Increases Dividend

The company also recently announced 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 is an increase from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.35%.

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.