Pershing Square (OTCMKTS:PSHZF) Sees Large Volume Increase – Here’s Why

Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) saw strong trading volume on Monday . 23,136 shares traded hands during trading, a decline of 4% from the previous session’s volume of 24,152 shares.The stock last traded at $54.80 and had previously closed at $54.10.

Pershing Square Price Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 2.49 and a quick ratio of 2.49. The business has a 50 day moving average price of $55.39 and a two-hundred day moving average price of $60.26.

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.