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

Northern Trust Co. (NASDAQ:NTRSO) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 68,606 shares, a decrease of 37.1% from the June 30th total of 109,056 shares. Based on an average daily trading volume, of 33,054 shares, the days-to-cover ratio is currently 2.1 days.

Northern Trust Trading Up 0.2%

Shares of NASDAQ:NTRSO traded up $0.04 during midday trading on Thursday, reaching $18.45. 16,272 shares of the company’s stock traded hands, compared to its average volume of 42,018. The company has a fifty day simple moving average of $18.63 and a two-hundred day simple moving average of $19.13. Northern Trust has a 1 year low of $18.24 and a 1 year high of $21.15.

Northern Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.2938 per share. This represents a $1.18 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.