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Pershing Square (OTCMKTS:PSHZF) Sees Large Volume Increase - What's Next?

Pershing Square logo with Finance background

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 50,613 shares traded hands during trading, an increase of 104% from the previous session's volume of 24,859 shares.The stock last traded at $56.80 and had previously closed at $56.53.

Pershing Square Price Performance

The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average of $53.28 and a 200 day moving average of $51.17.

Pershing Square Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, May 19th were issued a $0.1646 dividend. The ex-dividend date of this dividend was Friday, May 16th. This is an increase from Pershing Square's previous dividend of $0.15. This represents a yield of 1.31%.

Pershing Square Company Profile

(Get Free Report)

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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