Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Short Interest Update

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 3,100 shares, a decline of 79.3% from the December 31st total of 15,000 shares. Based on an average daily volume of 151,000 shares, the short-interest ratio is currently 0.0 days.

Neuberger Berman High Yield Strategies Fund Stock Down 0.1 %

Shares of NYSEAMERICAN NHS traded down $0.01 during trading on Tuesday, hitting $7.59. The company had a trading volume of 219,053 shares, compared to its average volume of 253,638. Neuberger Berman High Yield Strategies Fund has a 12 month low of $7.47 and a 12 month high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.0905 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 14.31%.

Institutional Investors Weigh In On Neuberger Berman High Yield Strategies Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. J.W. Cole Advisors Inc. increased its stake in Neuberger Berman High Yield Strategies Fund by 210.8% during the third quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock worth $770,000 after acquiring an additional 60,262 shares during the last quarter. SeaCrest Wealth Management LLC boosted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 5.3% in the 4th quarter. SeaCrest Wealth Management LLC now owns 44,281 shares of the investment management company’s stock worth $332,000 after purchasing an additional 2,247 shares during the period. PFG Investments LLC increased its position in shares of Neuberger Berman High Yield Strategies Fund by 34.1% during the 3rd quarter. PFG Investments LLC now owns 39,541 shares of the investment management company’s stock valued at $343,000 after purchasing an additional 10,044 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in Neuberger Berman High Yield Strategies Fund by 20.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock valued at $116,000 after buying an additional 2,534 shares during the period. Finally, MRA Advisory Group lifted its position in Neuberger Berman High Yield Strategies Fund by 16.1% in the fourth quarter. MRA Advisory Group now owns 14,624 shares of the investment management company’s stock worth $110,000 after buying an additional 2,030 shares during the last quarter.

Neuberger Berman High Yield Strategies Fund Company Profile

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.