Northern Trust Co. (NASDAQ:NTRSO) Short Interest Down 37.1% in July

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 68,606 shares, a decrease of 37.1% from the June 30th total of 109,056 shares. Based on an average trading volume of 33,054 shares, the short-interest ratio is presently 2.1 days.

Northern Trust Stock Up 0.4%

Northern Trust stock traded up $0.07 during mid-day trading on Friday, reaching $18.55. 18,628 shares of the company were exchanged, compared to its average volume of 41,962. The firm’s 50-day simple moving average is $18.62 and its two-hundred day simple moving average is $19.12. Northern Trust has a twelve month low of $18.24 and a twelve month high of $21.15.

Northern Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.2938 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.18 annualized dividend and a dividend 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.