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 target 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 presently 0.2 days.

Institutional Investors Weigh In On Neuberger Berman Energy Infrastructure and Income Fund

A number of large investors have recently modified their holdings of the business. Cresset Asset Management LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at $138,000. Cary Street Partners Financial LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at $97,000. Bank of America Corp DE boosted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 14.6% in the 4th quarter. Bank of America Corp DE now owns 3,177,782 shares of the investment management company’s stock valued at $28,060,000 after purchasing an additional 404,242 shares in the last quarter. Alteri Wealth LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at $252,000. Finally, Comerica Bank boosted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 16.2% in the 4th quarter. Comerica Bank now owns 12,762 shares of the investment management company’s stock valued at $113,000 after purchasing an additional 1,775 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NYSEAMERICAN:NML traded up $0.10 during trading hours on Monday, reaching $8.96. 209,407 shares of the company were exchanged, compared to its average volume of 201,756. Neuberger Berman Energy Infrastructure and Income Fund has a 1-year low of $6.98 and a 1-year high of $9.51. The firm has a 50 day moving average of $8.94.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.82%. The ex-dividend date is Monday, March 17th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend 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.