Northern Trust Co. (NASDAQ:NTRSO – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totalling 14,500 shares, a decrease of 21.2% from the August 31st total of 18,400 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is currently 0.7 days.
Northern Trust Trading Down 0.1 %
NASDAQ:NTRSO traded down $0.02 during mid-day trading on Friday, hitting $22.84. The company had a trading volume of 35,652 shares, compared to its average volume of 23,192. The business has a fifty day simple moving average of $21.73 and a 200-day simple moving average of $21.41. Northern Trust has a 1 year low of $18.10 and a 1 year high of $23.97.
Northern Trust Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be paid a dividend of $0.2938 per share. This represents a $1.18 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is 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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