Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 62.3% in January

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 54,600 shares, a drop of 62.3% from the January 15th total of 144,800 shares. Based on an average trading volume of 209,000 shares, the short-interest ratio is presently 0.3 days.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NYSEAMERICAN NML opened at $9.16 on Friday. Neuberger Berman Energy Infrastructure and Income Fund has a 12 month low of $6.46 and a 12 month high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.0584 per share. This represents a $0.70 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date of this dividend is Tuesday, February 18th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -227.59%.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NML. Sanctuary Advisors LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 2nd quarter valued at approximately $218,000. Calamos Advisors LLC grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock valued at $437,000 after buying an additional 9,515 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 1.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 279,721 shares of the investment management company’s stock valued at $2,294,000 after buying an additional 3,492 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter valued at approximately $2,659,000. Finally, Penserra Capital Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter valued at approximately $4,674,000.

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.