Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Down 70.0% in September

Key Points

• Pershing Square Holdings, Ltd. experienced a significant decline in short interest, dropping by 70% in September from 24,000 shares to 7,200 shares.
• The company announced a quarterly dividend of $0.1646 per share, which equates to an annualized dividend of $0.66 and a yield of 1.1%.
• As of the latest trading session, Pershing Square's stock price remained flat at $61.00, with a 1-year trading range between $40.35 and $65.86.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - ) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 7,200 shares, a decline of 70.0% from the September 15th total of 24,000 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 0.2 days.

Pershing Square Price Performance

Shares of OTCMKTS PSHZF remained flat at $61.00 during trading on Friday. The stock had a trading volume of 10,735 shares, compared to its average volume of 13,510. Pershing Square has a 1 year low of $40.35 and a 1 year high of $65.86. The company has a 50 day simple moving average of $60.70 and a 200 day simple moving average of $54.65.

Pershing Square Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, August 15th were given a $0.1646 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.1%.

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.

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