Northern Trust Co. (NASDAQ:NTRSO) Short Interest Update

Northern Trust Co. (NASDAQ:NTRSO) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 16,717 shares, a growth of 217.1% from the December 31st total of 5,272 shares. Based on an average trading volume of 43,909 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 43,909 shares, the days-to-cover ratio is currently 0.4 days.

Northern Trust Stock Up 0.2%

NTRSO traded up $0.04 during trading on Friday, reaching $19.67. 27,177 shares of the stock were exchanged, compared to its average volume of 47,624. Northern Trust has a 1 year low of $18.74 and a 1 year high of $21.15. The business’s 50 day moving average price is $19.55 and its two-hundred day moving average price is $19.98.

Northern Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Sunday, March 15th will be given a dividend of $0.2938 per share. The ex-dividend date is Friday, March 13th. This represents a $1.18 dividend on an annualized basis and a yield of 6.0%.

Northern Trust Company Profile

Northern Trust Corporation is a leading global financial services firm specializing in asset servicing, asset management, wealth management and banking solutions. The company provides custody and fund administration, investment management, fiduciary and trust services, treasury management and related investment operations for institutions, affluent families, and high-net-worth individuals. Its platform supports a wide range of asset classes including equities, fixed income, alternatives and private markets, and delivers clearing and execution, performance measurement, accounting, and regulatory reporting solutions.

Founded in Chicago in 1889, Northern Trust has expanded to serve clients across North America, Europe, the Middle East and the Asia-Pacific region.