Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Expands By 24.1%

Northern Trust Co. (NASDAQ:NTRSO) saw 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

Shares of NASDAQ NTRSO opened at $21.91 on Monday. Northern Trust has a twelve month low of $20.31 and a twelve month high of $24.29. The company’s fifty day moving average is $22.59 and its 200-day moving average is $21.70.

Northern Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be paid a $0.2938 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.18 dividend on an annualized basis and a yield of 5.36%.

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.