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

Northern Trust Co. (NASDAQ:NTRSO) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,800 shares, an increase of 24.1% from the October 31st total of 8,700 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is presently 0.4 days.

Northern Trust Price Performance

Northern Trust stock remained flat at $21.91 during midday trading on Monday. The company had a trading volume of 4,041 shares, compared to its average volume of 24,062. The stock’s 50-day moving average price is $22.59 and its 200-day moving average price is $21.70. Northern Trust has a twelve month low of $20.31 and a twelve month high of $24.29.

Northern Trust Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 5.36%. The ex-dividend date is Friday, December 13th.

Northern Trust Company Profile

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.