Short Interest in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Decreases By 20.4%

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 75,000 shares, a decrease of 20.4% from the September 15th total of 94,200 shares. Based on an average trading volume of 193,800 shares, the short-interest ratio is currently 0.4 days.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 0.1 %

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock traded up $0.01 during trading on Monday, hitting $8.47. The stock had a trading volume of 242,805 shares, compared to its average volume of 216,584. Neuberger Berman Energy Infrastructure and Income Fund has a 12 month low of $6.30 and a 12 month 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 paid a dividend of $0.0584 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.27%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

A number of institutional investors have recently modified their holdings of the company. Cornerstone Wealth Management LLC increased its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.8% during the second 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 boosted its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 3.9% during the 1st 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 during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 2.9% during 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 stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the 2nd quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after buying an additional 23,708 shares in the last quarter. Finally, IFG Advisory LLC lifted its stake in shares of 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 buying an additional 24,616 shares in the last quarter.

About Neuberger Berman Energy Infrastructure and Income Fund

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.