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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 32,500 shares, an increase of 209.5% from the April 30th total of 10,500 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is currently 0.8 days.

Pershing Square Stock Down 0.7%

PSHZF stock opened at $53.01 on Monday. The company has a 50-day moving average price of $48.13 and a 200 day moving average price of $49.62. Pershing Square has a 12 month low of $40.35 and a 12 month high of $57.85.

Pershing Square Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, May 19th will be paid a dividend of $0.1646 per share. This is a boost from Pershing Square's previous dividend of $0.15. The ex-dividend date of this dividend is Friday, May 16th. This represents a dividend yield of 1.31%.

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.