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

Northern Trust Co. (NASDAQ:NTRSOGet Free Report) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 24,919 shares, an increase of 49.1% from the January 15th total of 16,717 shares. Based on an average daily trading volume, of 39,554 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 39,554 shares, the days-to-cover ratio is currently 0.6 days.

Northern Trust Stock Up 0.9%

Shares of NTRSO stock traded up $0.18 during trading hours on Friday, reaching $19.78. 30,351 shares of the stock traded hands, compared to its average volume of 40,672. Northern Trust has a 1-year low of $18.74 and a 1-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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Sunday, March 15th will be issued a $0.2938 dividend. The ex-dividend date is Friday, March 13th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 5.9%.

Northern Trust Company Profile

(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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