Northern Trust Co. (NASDAQ:NTRSO) Short Interest Update

by · The Markets Daily

Northern Trust Co. (NASDAQ:NTRSO – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 7,123 shares, a growth of 35.4% from the November 30th total of 5,260 shares. Based on an average daily trading volume, of 39,543 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 39,543 shares, the days-to-cover ratio is presently 0.2 days.

Northern Trust Stock Performance

NTRSO traded up $0.12 during trading on Wednesday, hitting $19.42. 102,625 shares of the company traded hands, compared to its average volume of 34,679. The stock’s 50-day simple moving average is $19.62 and its two-hundred day simple moving average is $19.96. Northern Trust has a 1 year low of $18.74 and a 1 year high of $21.15.

Northern Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Stockholders of record on Monday, December 15th will be given a dividend of $0.2938 per share. The ex-dividend date is Monday, December 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.1%.

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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