Combine pecans and bourbon in a bowl and let sit at least 1 hour or overnight.
Place butter in a large bowl. Using a hand-held electric mixer, gradually beat in powdered sugar.
Add pecan mixture and cherries to bowl. Stir with a wooden spoon until evenly mixed.
Shape into 1-inch balls. Cover with plastic wrap and refrigerate at least 1 hour.
Melt chocolate chips and shortening or coconut oil in a medium saucepan with a heavy bottom. Stir frequently so chocolate doesn't burn.
Using 2 forks or a toothpick, coat balls in chocolate mixture and then place on a parchment paper-lined baking sheet. Press a candied cherry half on top of each one.
Refrigerate until set.
Notes
Will last for 2 weeks in an airtight container in the refrigerator.Nutritional info is provided as an estimate only and will vary based on brands of products used.