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

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 11,400 shares, an increase of 60.6% from the September 30th total of 7,100 shares. Based on an average trading volume of 22,300 shares, the short-interest ratio is currently 0.5 days.

Northern Trust Trading Up 0.4 %

Shares of NASDAQ NTRSO traded up $0.10 during trading on Friday, reaching $22.50. The company had a trading volume of 17,495 shares, compared to its average volume of 23,189. Northern Trust has a 12-month low of $18.81 and a 12-month high of $24.29. The business’s 50-day moving average is $22.63 and its 200 day moving average is $21.52.

Northern Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be issued a $0.2938 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date is Friday, December 13th.

About Northern Trust

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.