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

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 20,909 shares, a decrease of 26.7% from the November 30th total of 28,531 shares. Based on an average daily volume of 35,023 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 35,023 shares, the short-interest ratio is presently 0.6 days.

Pershing Square Stock Performance

PSHZF traded down $0.16 during trading on Wednesday, reaching $64.55. The company had a trading volume of 9,052 shares, compared to its average volume of 12,608. The business’s fifty day moving average price is $64.09 and its 200 day moving average price is $60.29. Pershing Square has a 12 month low of $40.35 and a 12 month high of $68.25.

Pershing Square Company Profile

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) is a Guernsey-registered closed-ended investment company that offers public investors access to the concentrated investment strategy of Pershing Square Capital Management, L.P. Founded by William “Bill” Ackman, the firm employs a value-oriented, fundamental approach to equity investing, often engaging in activist campaigns to unlock shareholder value. Since its launch in April 2012, Pershing Square Holdings has built a portfolio of high-conviction positions in a select group of publicly traded companies, predominantly in North America and Western Europe.

As a holding company, Pershing Square Holdings does not originate new funds but rather issues ordinary shares to investors seeking exposure to the flagship strategy of Pershing Square Capital.