Northern Trust Co. (NASDAQ:NTRSO – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 7,100 shares, a decrease of 51.0% from the September 15th total of 14,500 shares. Based on an average trading volume of 22,100 shares, the short-interest ratio is presently 0.3 days.
Northern Trust Stock Performance
Shares of NTRSO traded up $0.17 on Friday, reaching $23.19. The stock had a trading volume of 20,408 shares, compared to its average volume of 23,172. The firm has a 50-day moving average of $22.18 and a 200 day moving average of $21.46. Northern Trust has a twelve month low of $18.10 and a twelve month high of $23.97.
Northern Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th were issued a dividend of $0.2938 per share. This represents a $1.18 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date was Friday, September 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.
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