Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 3,753 shares, a decrease of 80.3% from the July 30th total of 19,077 shares. Based on an average daily trading volume, of 144,592 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Hedge Funds Weigh In On Neuberger Berman High Yield Strategies Fund
Institutional investors and hedge funds have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV increased its position in shares of Neuberger Berman High Yield Strategies Fund by 24.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,244 shares of the investment management company’s stock worth $99,000 after purchasing an additional 2,597 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in Neuberger Berman High Yield Strategies Fund by 18.0% in the 4th quarter. Kestra Advisory Services LLC now owns 18,728 shares of the investment management company’s stock valued at $139,000 after purchasing an additional 2,857 shares in the last quarter. Equitable Holdings Inc. boosted its stake in Neuberger Berman High Yield Strategies Fund by 7.3% during the 3rd quarter. Equitable Holdings Inc. now owns 49,343 shares of the investment management company’s stock worth $370,000 after purchasing an additional 3,343 shares during the last quarter. Harbour Investments Inc. boosted its stake in Neuberger Berman High Yield Strategies Fund by 3.7% during the 4th quarter. Harbour Investments Inc. now owns 109,642 shares of the investment management company’s stock worth $816,000 after purchasing an additional 3,930 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its holdings in shares of Neuberger Berman High Yield Strategies Fund by 14.0% during the third quarter. SeaCrest Wealth Management LLC now owns 42,369 shares of the investment management company’s stock worth $322,000 after buying an additional 5,219 shares in the last quarter.
Neuberger Berman High Yield Strategies Fund Stock Down 0.7%
NHS stock traded down $0.04 during midday trading on Wednesday, hitting $5.96. 103,854 shares of the stock traded hands, compared to its average volume of 226,392. Neuberger Berman High Yield Strategies Fund has a 1-year low of $5.91 and a 1-year high of $7.75. The stock’s fifty day simple moving average is $6.10 and its 200-day simple moving average is $6.54.
Neuberger Berman High Yield Strategies Fund Dividend Announcement
Neuberger Berman High Yield Strategies Fund Company Profile
The Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) is a closed-end, fixed-income management investment company focused on delivering high current income with the potential for capital appreciation. The fund primarily invests in below-investment-grade corporate debt—often referred to as high-yield bonds—issued by U.S. and select non-U.S. issuers. Through a diversified portfolio of high-yield instruments, NHS aims to provide enhanced yield relative to investment-grade alternatives.
Under its investment policy, NHS allocates the majority of its assets to corporate securities spanning sectors such as communications, energy, consumer goods, and industrials.
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