Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Short Interest Down 37.5% in October

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 6,500 shares, a drop of 37.5% from the September 30th total of 10,400 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is presently 0.3 days.

Pershing Square Stock Up 0.2 %

OTCMKTS:PSHZF opened at $46.50 on Friday. The company has a 50-day moving average price of $47.36 and a 200-day moving average price of $49.88. Pershing Square has a 12 month low of $34.55 and a 12 month high of $55.86.

Pershing Square Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 16th were paid a $0.1456 dividend. The ex-dividend date of this dividend was Friday, August 16th. This represents a $0.58 annualized dividend and a dividend yield of 1.25%.

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.