Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Sees Significant Decrease in Short Interest

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 154,521 shares, a decrease of 45.6% from the August 15th total of 284,117 shares. Based on an average daily trading volume, of 155,126 shares, the days-to-cover ratio is presently 1.0 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund during the second quarter worth approximately $33,000. Western Wealth Management LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter worth $39,000. Monetary Management Group Inc. increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 27.3% during the 4th quarter. Monetary Management Group Inc. now owns 7,000 shares of the investment management company’s stock worth $60,000 after buying an additional 1,500 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 1st quarter worth $80,000. Finally, Soltis Investment Advisors LLC purchased a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter worth $153,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.8%

NYSEAMERICAN:NML traded down $0.19 during mid-day trading on Wednesday, reaching $10.45. The company’s stock had a trading volume of 129,012 shares, compared to its average volume of 159,663. The company’s fifty day simple moving average is $10.49 and its two-hundred day simple moving average is $10.25. Neuberger Berman Energy Infrastructure and Income Fund has a twelve month low of $7.89 and a twelve month high of $10.98.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.0701 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 8.0%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

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.