Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Short Interest Update

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 24,710 shares, a decline of 27.7% from the February 26th total of 34,181 shares. Based on an average trading volume of 70,665 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Neuberger Berman Municipal Fund

Several institutional investors have recently made changes to their positions in NBH. Guggenheim Capital LLC lifted its position in shares of Neuberger Berman Municipal Fund by 95.9% during the second quarter. Guggenheim Capital LLC now owns 454,829 shares of the company’s stock valued at $4,471,000 after purchasing an additional 222,668 shares in the last quarter. Pathstone Holdings LLC grew its position in Neuberger Berman Municipal Fund by 14.2% in the 3rd quarter. Pathstone Holdings LLC now owns 1,411,760 shares of the company’s stock worth $14,569,000 after purchasing an additional 175,923 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Neuberger Berman Municipal Fund by 30.9% in the 4th quarter. Advisors Asset Management Inc. now owns 737,420 shares of the company’s stock valued at $7,463,000 after buying an additional 174,032 shares during the last quarter. Worthington Financial Partners LLC bought a new position in shares of Neuberger Berman Municipal Fund during the 4th quarter worth approximately $1,445,000. Finally, Rivernorth Capital Management LLC lifted its position in shares of Neuberger Berman Municipal Fund by 15.0% during the 4th quarter. Rivernorth Capital Management LLC now owns 932,084 shares of the company’s stock worth $9,433,000 after buying an additional 121,226 shares in the last quarter.

Neuberger Berman Municipal Fund Price Performance

NYSEAMERICAN NBH traded down $0.11 during trading hours on Friday, hitting $9.81. The company’s stock had a trading volume of 113,514 shares, compared to its average volume of 86,975. Neuberger Berman Municipal Fund has a 52 week low of $9.47 and a 52 week high of $10.64. The company’s 50-day simple moving average is $10.37 and its two-hundred day simple moving average is $10.32.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.0542 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, March 31st.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax‐exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high‐quality state and local government obligations, including general obligation bonds, revenue bonds and essential‐purpose debt issued by U.S. municipalities and related entities.

The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.