Northern Trust Co. (NASDAQ:NTRSO) Sees Significant Growth in Short Interest

Northern Trust Co. (NASDAQ:NTRSO) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 24,919 shares, a growth of 49.1% from the January 15th total of 16,717 shares. Based on an average trading volume of 39,554 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 39,554 shares, the days-to-cover ratio is presently 0.6 days.

Northern Trust Stock Up 0.9%

Northern Trust stock opened at $19.78 on Friday. Northern Trust has a one year low of $18.74 and a one year high of $21.15. The business has a fifty day moving average price of $19.55 and a 200-day moving average price of $19.95.

Northern Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Sunday, March 15th will be paid a $0.2938 dividend. The ex-dividend date is Friday, March 13th. This represents a $1.18 annualized dividend and a yield of 5.9%.

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.