Northern Trust Co. (NASDAQ:NTRSO) Sees Large Decline in Short Interest

Northern Trust Co. (NASDAQ:NTRSO) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 2,800 shares, a decline of 71.4% from the June 15th total of 9,800 shares. Based on an average daily trading volume, of 21,400 shares, the days-to-cover ratio is currently 0.1 days.

Northern Trust Stock Up 1.8 %

Shares of NTRSO stock traded up $0.36 during trading on Thursday, reaching $21.03. The company had a trading volume of 19,139 shares, compared to its average volume of 23,825. The firm’s 50 day simple moving average is $20.85 and its two-hundred day simple moving average is $21.60. Northern Trust has a one year low of $18.10 and a one year high of $23.97.

Northern Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Saturday, June 15th were given a $0.2938 dividend. This represents a $1.18 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend was Friday, June 14th.

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.