Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Grows By 581.6%

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

Northern Trust Stock Down 0.3%

NASDAQ:NTRSO traded down $0.05 during trading hours on Friday, reaching $18.73. 69,127 shares of the stock were exchanged, compared to its average volume of 41,756. The business has a 50-day moving average of $18.78 and a two-hundred day moving average of $19.21. Northern Trust has a twelve month low of $18.24 and a twelve month high of $21.15.

Northern Trust Dividend Announcement

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

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.