Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Rating) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 50,700 shares, an increase of 102.8% from the April 15th total of 25,000 shares. Based on an average daily trading volume, of 284,400 shares, the days-to-cover ratio is currently 0.2 days.
Shares of NBXG traded up 0.54 on Friday, reaching 11.08. The stock had a trading volume of 197,800 shares, compared to its average volume of 298,983. The company’s 50-day moving average price is 12.51. Neuberger Berman Next Generation Connectivity Fund has a 12-month low of 10.06 and a 12-month high of 20.76.
The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 16th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.83%.
- Get a free copy of the StockNews.com research report on Neuberger Berman Next Generation Connectivity Fund (NBXG)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
Receive News & Ratings for Neuberger Berman Next Generation Connectivity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Next Generation Connectivity Fund and related companies with MarketBeat.com's FREE daily email newsletter.