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

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 284,117 shares, a growth of 1,110.2% from the July 30th total of 23,477 shares. Based on an average daily trading volume, of 161,635 shares, the short-interest ratio is presently 1.8 days.

Neuberger Berman Energy Infrastructure and Income Fund Trading Down 0.2%

Neuberger Berman Energy Infrastructure and Income Fund stock traded down $0.02 during midday trading on Tuesday, reaching $10.39. The company’s stock had a trading volume of 138,849 shares, compared to its average volume of 160,558. The stock’s 50-day simple moving average is $10.26 and its 200-day simple moving average is $10.15. Neuberger Berman Energy Infrastructure and Income Fund has a 52-week low of $7.89 and a 52-week high of $10.95.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.0701 per share. The ex-dividend date is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 8.1%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.7% in the 1st quarter. Bank of America Corp DE now owns 3,827,535 shares of the investment management company’s stock valued at $40,227,000 after acquiring an additional 240,841 shares during the period. Closed End Fund Advisors Inc. acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 4th quarter worth about $1,004,000. Saba Capital Management L.P. lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 23.1% during the 1st quarter. Saba Capital Management L.P. now owns 1,743,054 shares of the investment management company’s stock worth $18,319,000 after acquiring an additional 326,572 shares during the period. Wolverine Asset Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 4th quarter valued at about $1,501,000. Finally, Calamos Advisors LLC grew its stake in Neuberger Berman Energy Infrastructure and Income Fund by 32.1% during the 4th quarter. Calamos Advisors LLC now owns 72,229 shares of the investment management company’s stock valued at $614,000 after purchasing an additional 17,568 shares during the last quarter.

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.