Northern Trust Co. (NASDAQ:NTRSO) Short Interest Down 21.2% in September

Northern Trust Co. (NASDAQ:NTRSO) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 14,500 shares, a drop of 21.2% from the August 31st total of 18,400 shares. Based on an average daily trading volume, of 21,300 shares, the days-to-cover ratio is presently 0.7 days.

Northern Trust Stock Performance

Shares of NTRSO traded down $0.02 during midday trading on Friday, hitting $22.84. 35,652 shares of the stock traded hands, compared to its average volume of 23,192. The business’s 50 day moving average price is $21.73 and its two-hundred day moving average price is $21.41. Northern Trust has a 1-year low of $18.10 and a 1-year high of $23.97.

Northern Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a $0.2938 dividend. This represents a $1.18 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Friday, September 13th.

Northern Trust Company Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.