Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Increases By 22.6%

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 31,644 shares, a growth of 22.6% from the March 15th total of 25,811 shares. Based on an average trading volume of 36,810 shares, the short-interest ratio is presently 0.9 days.

Northern Trust Price Performance

Shares of NTRSO stock traded down $0.08 during trading hours on Thursday, reaching $19.30. The stock had a trading volume of 25,987 shares, compared to its average volume of 37,157. The stock’s fifty day simple moving average is $19.39 and its 200 day simple moving average is $19.62. Northern Trust has a 12 month low of $18.55 and a 12 month high of $21.15.

Northern Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Sunday, March 15th were given a dividend of $0.2938 per share. The ex-dividend date was Friday, March 13th. This represents a $1.18 annualized dividend and a yield of 6.1%.

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.