Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Sees Large Growth in Short Interest

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 58,700 shares, a growth of 80.6% from the May 15th total of 32,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 62,400 shares, the short-interest ratio is presently 0.9 days.

Pershing Square Trading Down 0.5%

Pershing Square stock traded down $0.25 during midday trading on Friday, reaching $52.65. The stock had a trading volume of 4,120 shares, compared to its average volume of 24,931. Pershing Square has a 12 month low of $40.35 and a 12 month high of $57.85. The firm's 50-day moving average price is $49.29 and its 200 day moving average price is $50.10.

Pershing Square Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, May 19th will be issued a dividend of $0.1646 per share. This is a positive change 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.