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

Northern Trust Co. (NASDAQ:NTRSOGet Free Report) saw a significant increase in short interest during 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 daily volume of 43,909 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 43,909 shares, the short-interest ratio is presently 0.4 days.

Northern Trust Trading Down 0.8%

Northern Trust stock traded down $0.16 during mid-day trading on Wednesday, hitting $19.71. 18,656 shares of the company traded hands, compared to its average volume of 45,209. Northern Trust has a one year low of $18.74 and a one year high of $21.15. The stock has a fifty day moving average price of $19.53 and a 200-day moving average price of $19.99.

Northern Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Sunday, March 15th will be 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 is Friday, March 13th.

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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