Northern Trust Co. (NASDAQ:NTRSO) Short Interest Update

Northern Trust Co. (NASDAQ:NTRSO) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 25,473 shares, a drop of 41.3% from the May 14th total of 43,409 shares. Based on an average trading volume of 25,428 shares, the short-interest ratio is presently 1.0 days.

Northern Trust Price Performance

NASDAQ NTRSO traded down $0.19 on Monday, reaching $18.37. 46,055 shares of the stock were exchanged, compared to its average volume of 36,697. Northern Trust has a one year low of $18.27 and a one year high of $21.15. The company’s 50-day simple moving average is $18.99 and its two-hundred day simple moving average is $19.32.

Northern Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.2938 per share. The ex-dividend date is Monday, June 15th. This represents a $1.18 dividend on an annualized basis and a yield of 6.4%.

Northern Trust Company Profile

Northern Trust Corporation is a leading global financial services firm specializing in asset servicing, asset management, wealth management and banking solutions. The company provides custody and fund administration, investment management, fiduciary and trust services, treasury management and related investment operations for institutions, affluent families, and high-net-worth individuals. Its platform supports a wide range of asset classes including equities, fixed income, alternatives and private markets, and delivers clearing and execution, performance measurement, accounting, and regulatory reporting solutions.

Founded in Chicago in 1889, Northern Trust has expanded to serve clients across North America, Europe, the Middle East and the Asia-Pacific region.