Northern Trust Co. (NASDAQ:NTRSO) Short Interest Update

Northern Trust Co. (NASDAQ:NTRSO) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 6,600 shares, a decrease of 27.5% from the February 13th total of 9,100 shares. Based on an average daily trading volume, of 43,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Northern Trust stock. 10Elms LLP bought a new position in shares of Northern Trust Co. (NASDAQ:NTRSO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,400 shares of the company’s stock, valued at approximately $310,000.

Northern Trust Stock Up 1.0 %

NASDAQ NTRSO traded up $0.20 on Monday, hitting $20.16. 18,525 shares of the company’s stock were exchanged, compared to its average volume of 28,959. The stock has a 50-day moving average of $20.45 and a 200-day moving average of $21.46. Northern Trust has a 52 week low of $19.55 and a 52 week high of $24.29.

Northern Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th will be paid a dividend of $0.2938 per share. This represents a $1.18 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend is Friday, March 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.