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 the month of 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 volume of 203,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Several institutional investors have recently bought and sold shares of NML. Centric Wealth Management bought a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the fourth quarter valued at $93,000. Cary Street Partners Financial LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter worth approximately $97,000. Comerica Bank raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 16.2% during the fourth 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 during the last quarter. Cresset Asset Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter worth approximately $138,000. Finally, Mark Sheptoff Financial Planning LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter worth approximately $144,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 1.1 %

NML stock traded up $0.10 on Wednesday, reaching $9.05. 74,826 shares of the company traded hands, compared to its average volume of 204,326. The firm’s fifty day simple moving average is $8.96. Neuberger Berman Energy Infrastructure and Income Fund has a one year low of $6.98 and a one year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.0584 dividend. This represents a $0.70 annualized dividend and a dividend yield of 7.75%. 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.