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

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

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

Institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 2nd quarter valued at approximately $218,000. Calamos Advisors LLC grew its stake 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 worth $437,000 after buying an additional 9,515 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake 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 worth $2,294,000 after buying an additional 3,492 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter worth $2,659,000. Finally, Penserra Capital Management LLC bought a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter worth $4,674,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NML stock opened at $9.16 on Friday. Neuberger Berman Energy Infrastructure and Income Fund has a 52-week low of $6.46 and a 52-week high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.0584 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.70 annualized dividend and a yield of 7.65%. 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.