Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 74.3% in July

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 23,477 shares, a decrease of 74.3% from the July 15th total of 91,252 shares. Based on an average daily volume of 117,388 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Several hedge funds have recently made changes to their positions in the business. Saba Capital Management L.P. grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 205.3% in the fourth quarter. Saba Capital Management L.P. now owns 1,416,482 shares of the investment management company’s stock valued at $12,040,000 after purchasing an additional 952,479 shares in the last quarter. Focus Partners Wealth lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 1,070.6% during the 4th quarter. Focus Partners Wealth now owns 270,370 shares of the investment management company’s stock worth $2,298,000 after buying an additional 247,273 shares in the last quarter. Bank of America Corp DE boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 6.7% in the 1st quarter. Bank of America Corp DE now owns 3,827,535 shares of the investment management company’s stock valued at $40,227,000 after buying an additional 240,841 shares during the period. Wolverine Asset Management LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at approximately $1,501,000. Finally, NewEdge Advisors LLC grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 249.4% in the second quarter. NewEdge Advisors LLC now owns 167,030 shares of the investment management company’s stock worth $1,503,000 after acquiring an additional 119,226 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.4%

Shares of NML traded up $0.04 during midday trading on Friday, hitting $10.76. 132,783 shares of the stock were exchanged, compared to its average volume of 161,368. The stock has a fifty day simple moving average of $10.20 and a 200 day simple moving average of $10.07. Neuberger Berman Energy Infrastructure and Income Fund has a 52-week low of $7.89 and a 52-week high of $10.95.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.0701 per share. The ex-dividend date is Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 7.8%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.