Northern Trust Co. (NASDAQ:NTRSO) Short Interest Up 581.6% in June

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 109,056 shares, a growth of 581.6% from the June 15th total of 15,999 shares. Based on an average daily volume of 94,424 shares, the short-interest ratio is presently 1.2 days.

Northern Trust Price Performance

NTRSO traded down $0.05 during trading hours on Friday, hitting $18.73. 69,127 shares of the company’s stock were exchanged, compared to its average volume of 41,756. The firm has a 50 day moving average of $18.78 and a 200 day moving average of $19.21. Northern Trust has a 12-month low of $18.24 and a 12-month high of $21.15.

Northern Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were paid a $0.2938 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.18 dividend on an annualized basis and a yield of 6.3%.

About Northern Trust

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.