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

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a significant increase in short interest in 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 trading volume, of 25,400 shares, the days-to-cover ratio is presently 0.4 days.

Northern Trust Stock Up 2.0 %

NASDAQ:NTRSO opened at $21.91 on Monday. Northern Trust has a fifty-two week low of $20.31 and a fifty-two week high of $24.29. The firm’s fifty day simple moving average is $22.59 and its 200-day simple moving average is $21.70.

Northern Trust Dividend Announcement

The business 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. The ex-dividend date is Friday, December 13th. This represents a $1.18 dividend on an annualized basis and a yield of 5.36%.

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.