Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 74.7% in April

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NMLGet Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 15,059 shares, a decrease of 74.7% from the April 15th total of 59,605 shares. Based on an average daily trading volume, of 172,326 shares, the short-interest ratio is currently 0.1 days.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Shares of NYSEAMERICAN NML traded up $0.10 during trading on Wednesday, hitting $10.34. The company had a trading volume of 74,564 shares, compared to its average volume of 180,550. Neuberger Berman Energy Infrastructure and Income Fund has a 52 week low of $7.89 and a 52 week high of $10.71. The business’s 50-day moving average is $10.14 and its 200 day moving average is $9.27.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.0701 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 8.1%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -227.59%.

Hedge Funds Weigh In On Neuberger Berman Energy Infrastructure and Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantedge Capital Pte Ltd grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 29.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 26,861 shares of the investment management company’s stock worth $282,000 after purchasing an additional 6,100 shares in the last quarter. Sanctuary Advisors LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 8.9% during the 1st quarter. Sanctuary Advisors LLC now owns 96,590 shares of the investment management company’s stock worth $1,015,000 after purchasing an additional 7,879 shares in the last quarter. Calamos Advisors LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 81,989 shares of the investment management company’s stock worth $862,000 after purchasing an additional 9,760 shares in the last quarter. Fifth Third Bancorp purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter worth approximately $80,000. Finally, Evolve Private Wealth LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 92.5% during the 1st quarter. Evolve Private Wealth LLC now owns 20,215 shares of the investment management company’s stock worth $212,000 after purchasing an additional 9,715 shares in the last quarter.

About Neuberger Berman Energy Infrastructure and Income Fund

(Get Free Report)

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.

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