Northern Trust Co. (NASDAQ:NTRSO – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 109,056 shares, a growth of 581.6% from the June 15th total of 15,999 shares. Based on an average trading volume of 94,424 shares, the short-interest ratio is currently 1.2 days.
Northern Trust Stock Down 0.5%
NTRSO stock traded down $0.10 during trading on Monday, reaching $18.64. The company had a trading volume of 60,222 shares, compared to its average volume of 41,766. Northern Trust has a twelve month low of $18.24 and a twelve month high of $21.15. The firm has a 50-day simple moving average of $18.78 and a 200-day simple moving average of $19.21.
Northern Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.2938 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.3%.
About Northern Trust
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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