Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Grows By 217.1%

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

Northern Trust Stock Performance

NASDAQ:NTRSO traded down $0.07 during mid-day trading on Thursday, hitting $19.63. 100,588 shares of the company’s stock traded hands, compared to its average volume of 48,705. The firm’s 50 day simple moving average is $19.54 and its 200 day simple moving average is $19.99. Northern Trust has a 1 year low of $18.74 and a 1 year high of $21.15.

Northern Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Sunday, March 15th will be issued 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 dividend yield of 6.0%.

About Northern Trust

(Get Free Report)

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.

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