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

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

Northern Trust Stock Up 0.3%

NASDAQ:NTRSO traded up $0.05 during mid-day trading on Tuesday, reaching $18.42. 37,220 shares of the company were exchanged, compared to its average volume of 36,701. Northern Trust has a 12 month low of $18.27 and a 12 month high of $21.15. The company has a fifty day moving average of $18.98 and a 200 day moving average of $19.31.

Northern Trust Dividend Announcement

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

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.