Pershing Square (OTCMKTS:PSHZF) Sees Large Volume Increase – Time to Buy?
by Scott Moore · The Cerbat GemShares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report) saw an uptick in trading volume on Friday . 18,786 shares traded hands during trading, a decline of 5% from the previous session’s volume of 19,878 shares.The stock last traded at $65.50 and had previously closed at $65.2050.
Pershing Square Stock Up 0.1%
The firm has a fifty day moving average of $64.22 and a two-hundred day moving average of $60.36.
About Pershing Square
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.