Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Up 150.0% in September

Key Points

• Pershing Square Holdings, Ltd. experienced a dramatic increase in short interest of 150.0% in September, raising the total to 24,000 shares.
• The firm declared a quarterly dividend of $0.1646, resulting in an annual yield of 1.1% for shareholders.
• As of the latest trading data, shares of Pershing Square are priced at $62.50, after trading down by $0.18 during midday.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - ) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 24,000 shares, an increase of 150.0% from the August 31st total of 9,600 shares. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is currently 0.7 days.

Pershing Square Price Performance

Shares of OTCMKTS PSHZF traded down $0.18 during midday trading on Friday, hitting $62.50. 5,819 shares of the stock traded hands, compared to its average volume of 21,796. Pershing Square has a one year low of $40.35 and a one year high of $65.86. The firm has a 50-day moving average of $59.20 and a two-hundred day moving average of $53.69.

Pershing Square Announces Dividend

The firm 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 annualized dividend and a yield of 1.1%.

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.

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