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

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

Northern Trust Stock Down 0.1 %

Shares of NTRSO stock traded down $0.02 on Friday, reaching $22.84. The stock had a trading volume of 35,652 shares, compared to its average volume of 23,192. The firm’s 50-day moving average is $21.70 and its two-hundred day moving average is $21.45. Northern Trust has a 12 month low of $18.10 and a 12 month high of $23.97.

Northern Trust Announces Dividend

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

About Northern Trust

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.