Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Stock Short Interest Report for October

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 19,038 shares, a drop of 65.6% from the September 30th total of 55,283 shares. Based on an average daily trading volume, of 111,830 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 institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 6.7% in the first quarter. Bank of America Corp DE now owns 3,827,535 shares of the investment management company’s stock worth $40,227,000 after purchasing an additional 240,841 shares during the last quarter. Saba Capital Management L.P. lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 23.1% in the first quarter. Saba Capital Management L.P. now owns 1,743,054 shares of the investment management company’s stock valued at $18,319,000 after acquiring an additional 326,572 shares during the period. Samalin Investment Counsel LLC lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 53.6% in the third quarter. Samalin Investment Counsel LLC now owns 267,682 shares of the investment management company’s stock valued at $2,655,000 after acquiring an additional 93,358 shares during the period. NewEdge Advisors LLC boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 35.1% in the second quarter. NewEdge Advisors LLC now owns 228,521 shares of the investment management company’s stock worth $2,317,000 after purchasing an additional 59,367 shares during the last quarter. Finally, VestGen Advisors LLC boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 0.9% in the third quarter. VestGen Advisors LLC now owns 162,015 shares of the investment management company’s stock worth $1,607,000 after purchasing an additional 1,474 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 0.6%

Shares of NYSEAMERICAN:NML traded up $0.06 during midday trading on Friday, reaching $10.71. The company’s stock had a trading volume of 94,783 shares, compared to its average volume of 152,322. The firm has a 50 day moving average of $10.39 and a 200-day moving average of $10.11. Neuberger Berman Energy Infrastructure and Income Fund has a 12-month low of $8.11 and a 12-month high of $10.98.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 15th were paid a dividend of $0.0701 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $0.84 annualized dividend and a yield of 7.9%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is presently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed-end management investment company listed on the NYSE American under the symbol NML. The fund seeks to provide current income and total return by investing primarily in companies involved in energy infrastructure.

The fund’s portfolio may include master limited partnerships, limited liability companies, corporations and other publicly traded entities that own or operate energy infrastructure assets. These businesses can include pipeline, storage, gathering, processing, transportation and other midstream energy activities, as well as related infrastructure companies.

NML is managed by Neuberger Berman Investment Advisers LLC, an affiliate of global asset manager Neuberger Berman.