Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Shares Shorted: Short Interest Down 65.2% in September

by · The Markets Daily

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 55,283 shares, a decline of 65.2% from the September 15th total of 158,666 shares. Based on an average daily trading volume, of 134,055 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Neuberger Berman Energy Infrastructure and Income Fund

Several large investors have recently modified their holdings of NML. Knollwood Investment Advisory LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 2.0% during the second quarter. Knollwood Investment Advisory LLC now owns 79,074 shares of the investment management company’s stock valued at $802,000 after purchasing an additional 1,526 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 2nd quarter valued at about $33,000. Western Wealth Management LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter valued at about $39,000. Quantedge Capital Pte Ltd raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 29.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 26,861 shares of the investment management company’s stock worth $282,000 after buying an additional 6,100 shares in the last quarter. Finally, Uhlmann Price Securities LLC raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 2.9% during the 1st quarter. Uhlmann Price Securities LLC now owns 239,902 shares of the investment management company’s stock worth $2,521,000 after buying an additional 6,804 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.2%

NML traded up $0.02 during trading on Tuesday, hitting $10.33. The company had a trading volume of 73,515 shares, compared to its average volume of 156,074. Neuberger Berman Energy Infrastructure and Income Fund has a 1-year low of $7.89 and a 1-year high of $10.98. The business has a 50-day moving average of $10.44 and a 200-day moving average of $10.26.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a $0.0701 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Thursday, October 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

(Get Free Report)

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end investment fund managed by Neuberger Berman. The fund seeks to provide current income and long-term total return by investing primarily in companies involved in energy infrastructure and related activities.

Its portfolio may include master limited partnerships, limited liability companies, corporations and other publicly traded securities associated with the transportation, storage, processing and distribution of energy commodities.

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