Short Interest in NXG NextGen Infrastructure Income Fund (NYSE:NXG) Expands By 35.2%

NXG NextGen Infrastructure Income Fund (NYSE:NXG) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 40,304 shares, an increase of 35.2% from the December 15th total of 29,810 shares. Based on an average daily trading volume, of 40,418 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 40,418 shares, the days-to-cover ratio is currently 1.0 days.

NXG NextGen Infrastructure Income Fund Trading Down 1.4%

NXG stock traded down $0.69 during trading on Friday, hitting $50.62. The stock had a trading volume of 27,409 shares, compared to its average volume of 43,828. The company’s 50 day moving average price is $49.88 and its two-hundred day moving average price is $48.99. NXG NextGen Infrastructure Income Fund has a 1-year low of $35.22 and a 1-year high of $53.38.

NXG NextGen Infrastructure Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a $0.54 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date of this dividend is Friday, January 16th. NXG NextGen Infrastructure Income Fund’s payout ratio is currently -2,700.00%.

Insider Buying and Selling

In related news, Director John Alban purchased 1,000 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was bought at an average price of $50.38 per share, with a total value of $50,380.00. Following the completion of the transaction, the director owned 1,000 shares of the company’s stock, valued at approximately $50,380. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of NXG NextGen Infrastructure Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of NXG. Keener Financial Planning LLC purchased a new position in shares of NXG NextGen Infrastructure Income Fund during the 3rd quarter worth $146,000. Wolverine Asset Management LLC acquired a new position in NXG NextGen Infrastructure Income Fund in the third quarter valued at $240,000. Stratos Wealth Advisors LLC lifted its position in NXG NextGen Infrastructure Income Fund by 7.0% during the second quarter. Stratos Wealth Advisors LLC now owns 6,099 shares of the company’s stock worth $307,000 after buying an additional 400 shares during the period. Oppenheimer & Co. Inc. boosted its stake in NXG NextGen Infrastructure Income Fund by 70.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,082 shares of the company’s stock worth $394,000 after buying an additional 3,332 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of NXG NextGen Infrastructure Income Fund by 7.6% during the 3rd quarter. UBS Group AG now owns 12,529 shares of the company’s stock valued at $611,000 after acquiring an additional 889 shares during the last quarter.

NXG NextGen Infrastructure Income Fund Company Profile

NextGen Infrastructure Income Fund (NYSE: NXG) is a closed-end management investment company that seeks to provide shareholders with high current income and, to a lesser extent, capital appreciation by investing primarily in infrastructure-related assets. The fund’s portfolio typically includes debt and equity securities issued by companies operating in energy, utilities, transportation and communications infrastructure sectors. NXG’s investment strategy blends fixed income instruments—such as corporate bonds and preferred stock—with select equity holdings to build a diversified income-oriented portfolio.

To pursue its objectives, NXG combines thorough credit analysis and sector allocation with active risk management.