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

Key Points

• Pershing Square Holdings experienced a 23.8% decrease in short interest in August, with a total of 9,600 shares shorted as of August 31st.
• The company declared a quarterly dividend of $0.1646, payable on September 19th, representing an annualized dividend yield of 1.0%.
• As of the latest trading session, shares of Pershing Square were down 0.7%, trading at $63.95 with a significant trading volume below its average.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 9,600 shares, a decline of 23.8% from the August 15th total of 12,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 21,700 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 21,700 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Pershing Square Trading Up 0.4%

PSHZF traded up $0.26 during midday trading on Friday, hitting $64.60. The company had a trading volume of 24,343 shares, compared to its average volume of 14,965. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.18. Pershing Square has a twelve month low of $40.35 and a twelve month high of $65.86. The firm's 50-day simple moving average is $58.05 and its 200-day simple moving average is $52.86.

Pershing Square Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, August 15th were issued a dividend of $0.1646 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.0%.

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.