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 large drop in short interest during the month of September. As of September 30th, there was short interest totalling 75,000 shares, a drop of 20.4% from the September 15th total of 94,200 shares. Based on an average daily volume of 193,800 shares, the days-to-cover ratio is presently 0.4 days.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.1 %

NYSEAMERICAN NML traded down $0.09 during trading hours on Tuesday, hitting $8.32. 144,397 shares of the company’s stock were exchanged, compared to its average volume of 216,221. Neuberger Berman Energy Infrastructure and Income Fund has a 1-year low of $6.30 and a 1-year high of $8.59.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0584 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 8.42%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC increased its stake in Neuberger Berman Energy Infrastructure and Income Fund by 6.8% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock valued at $627,000 after purchasing an additional 4,964 shares in the last quarter. Optimum Investment Advisors increased its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 3.9% during the first quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock worth $1,066,000 after acquiring an additional 5,440 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 2.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 276,229 shares of the investment management company’s stock worth $2,210,000 after acquiring an additional 7,752 shares during the last quarter. Calamos Advisors LLC lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 146.5% in the 2nd quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after acquiring an additional 23,708 shares in the last quarter. Finally, IFG Advisory LLC boosted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 52.3% during the 2nd quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock valued at $573,000 after purchasing an additional 24,616 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.