Northern Trust Co. (NASDAQ:NTRSO) Short Interest Down 26.0% in December

Northern Trust Co. (NASDAQ:NTRSO) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 5,272 shares, a drop of 26.0% from the December 15th total of 7,123 shares. Based on an average daily volume of 65,972 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 65,972 shares, the days-to-cover ratio is presently 0.1 days.

Northern Trust Stock Down 0.1%

Shares of NASDAQ:NTRSO traded down $0.01 on Friday, reaching $19.74. 38,963 shares of the company traded hands, compared to its average volume of 48,333. The business’s 50-day simple moving average is $19.51 and its 200 day simple moving average is $20.00. Northern Trust has a 52 week low of $18.74 and a 52 week high of $21.15.

Northern Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Monday, December 15th were paid a $0.2938 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend was Monday, December 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.