Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Increases By 21.7%

Northern Trust Co. (NASDAQ:NTRSO) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 40,451 shares, a growth of 21.7% from the February 12th total of 33,244 shares. Based on an average daily volume of 31,291 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 31,291 shares, the days-to-cover ratio is presently 1.3 days.

Northern Trust Stock Down 0.1%

Shares of NASDAQ NTRSO opened at $19.18 on Wednesday. The stock has a fifty day moving average price of $19.67 and a 200 day moving average price of $19.85. Northern Trust has a 1-year low of $18.74 and a 1-year high of $21.15.

Northern Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Sunday, March 15th will be paid a $0.2938 dividend. This represents a $1.18 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Friday, March 13th.

Northern Trust Company Profile

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.