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

Northern Trust Co. (NASDAQ:NTRSO) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 17,600 shares, a decrease of 22.1% from the December 15th total of 22,600 shares. Based on an average daily volume of 39,800 shares, the short-interest ratio is presently 0.4 days.

Northern Trust Price Performance

Northern Trust stock traded up $0.03 during mid-day trading on Friday, reaching $20.49. 69,537 shares of the company’s stock were exchanged, compared to its average volume of 52,467. The company has a fifty day moving average of $20.93 and a 200-day moving average of $21.62. Northern Trust has a twelve month low of $19.55 and a twelve month high of $24.29.

Northern Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th were given a dividend of $0.2938 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date was 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.