Northern Trust Co. (NASDAQ:NTRSO – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 68,606 shares, a drop of 37.1% from the June 30th total of 109,056 shares. Based on an average trading volume of 33,054 shares, the short-interest ratio is presently 2.1 days.
Northern Trust Trading Up 0.2%
NASDAQ:NTRSO traded up $0.04 during trading hours on Thursday, reaching $18.45. The company had a trading volume of 16,272 shares, compared to its average volume of 42,018. Northern Trust has a 1-year low of $18.24 and a 1-year high of $21.15. The business’s 50 day moving average price is $18.63 and its 200-day moving average price is $19.13.
Northern Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.2938 dividend. This represents a $1.18 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Tuesday, September 15th.
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.
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