Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Update

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 41,400 shares, a decrease of 21.4% from the February 13th total of 52,700 shares. Based on an average daily trading volume, of 203,700 shares, the days-to-cover ratio is currently 0.2 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of NML. Truist Financial Corp raised its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock worth $226,000 after acquiring an additional 1,330 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 13.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock worth $2,804,000 after purchasing an additional 37,886 shares during the last quarter. Calamos Advisors LLC raised its position in Neuberger Berman Energy Infrastructure and Income Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock valued at $437,000 after purchasing an additional 9,515 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 3rd quarter worth approximately $2,659,000. Finally, Penserra Capital Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 3rd quarter worth approximately $4,674,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 1.1 %

NYSEAMERICAN NML traded up $0.10 during trading on Wednesday, reaching $9.05. The company’s stock had a trading volume of 74,826 shares, compared to its average volume of 204,326. The stock has a fifty day moving average of $8.96. Neuberger Berman Energy Infrastructure and Income Fund has a one year low of $6.98 and a one year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.0584 per share. The ex-dividend date is Monday, March 17th. This represents a $0.70 annualized dividend and a yield of 7.75%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is presently -227.59%.

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.