Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Declines By 26.0%

Northern Trust Co. (NASDAQ:NTRSOGet Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 5,272 shares, a drop of 26.0% from the December 15th total of 7,123 shares. Based on an average daily trading volume, of 65,972 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 65,972 shares, the short-interest ratio is currently 0.1 days.

Northern Trust Price Performance

Shares of NTRSO traded down $0.01 during trading hours on Monday, reaching $19.74. 38,963 shares of the company traded hands, compared to its average volume of 48,333. The business has a fifty day moving average price of $19.51 and a 200-day moving average price of $20.00. Northern Trust has a 12-month low of $18.74 and a 12-month high of $21.15.

Northern Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Monday, December 15th were paid a $0.2938 dividend. This represents a $1.18 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Monday, December 15th.

Northern Trust Company Profile

(Get Free Report)

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.

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