Short Interest in Northern Trust Co. (NASDAQ:NTRSO) Decreases By 48.9%

Northern Trust Co. (NASDAQ:NTRSO) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 9,100 shares, a decrease of 48.9% from the January 31st total of 17,800 shares. Based on an average daily trading volume, of 43,500 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Northern Trust

A hedge fund recently bought a new stake in Northern Trust stock. 10Elms LLP purchased a new position in shares of Northern Trust Co. (NASDAQ:NTRSO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,400 shares of the company’s stock, valued at approximately $310,000.

Northern Trust Trading Up 0.5 %

NASDAQ:NTRSO traded up $0.10 during mid-day trading on Monday, hitting $20.71. The company had a trading volume of 12,817 shares, compared to its average volume of 37,543. Northern Trust has a fifty-two week low of $19.55 and a fifty-two week high of $24.29. The business’s fifty day moving average is $20.42 and its two-hundred day moving average is $21.56.

Northern Trust Announces Dividend

The business 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 $0.2938 dividend. This represents a $1.18 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend is Friday, March 14th.

About Northern Trust

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.