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 large decline in short interest in September. As of September 30th, there was short interest totalling 75,000 shares, a decline of 20.4% from the September 15th total of 94,200 shares. Based on an average daily trading volume, of 193,800 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors 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. Optimum Investment Advisors raised its stake in Neuberger Berman Energy Infrastructure and Income Fund by 3.9% in the first quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock valued at $1,066,000 after purchasing an additional 5,440 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 25.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 268,477 shares of the investment management company’s stock valued at $1,979,000 after buying an additional 54,136 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 9.1% during the 1st quarter. Advisors Asset Management Inc. now owns 1,390,917 shares of the investment management company’s stock worth $10,251,000 after acquiring an additional 116,299 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 6.8% in the second quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after acquiring an additional 4,964 shares in the last quarter. Finally, Raymond James & Associates grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 59.4% in the second quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock worth $1,345,000 after acquiring an additional 62,645 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.1 %

NYSEAMERICAN:NML traded down $0.09 during mid-day trading on Tuesday, hitting $8.32. 144,397 shares of the stock traded hands, compared to its average volume of 216,221. 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 Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a $0.0584 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 8.42%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is currently -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.