Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 3,800 shares, a drop of 92.8% from the December 15th total of 52,900 shares. Based on an average daily trading volume, of 220,500 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On Neuberger Berman Next Generation Connectivity Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Stifel Financial Corp raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 1.0% in the 3rd quarter. Stifel Financial Corp now owns 131,751 shares of the company’s stock valued at $1,690,000 after purchasing an additional 1,249 shares in the last quarter. Dakota Wealth Management increased its holdings in Neuberger Berman Next Generation Connectivity Fund by 2.9% in the third quarter. Dakota Wealth Management now owns 86,623 shares of the company’s stock valued at $1,111,000 after buying an additional 2,406 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Neuberger Berman Next Generation Connectivity Fund by 15.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,194 shares of the company’s stock valued at $259,000 after buying an additional 2,698 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Neuberger Berman Next Generation Connectivity Fund by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock worth $1,293,000 after buying an additional 3,500 shares during the last quarter. Finally, Concorde Asset Management LLC boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 10.7% during the 3rd quarter. Concorde Asset Management LLC now owns 44,550 shares of the company’s stock worth $572,000 after acquiring an additional 4,320 shares in the last quarter.
Neuberger Berman Next Generation Connectivity Fund Stock Performance
NYSE NBXG traded down $0.04 during trading on Tuesday, hitting $12.86. The stock had a trading volume of 190,011 shares, compared to its average volume of 202,964. The firm has a 50 day moving average price of $13.09 and a 200 day moving average price of $12.72. Neuberger Berman Next Generation Connectivity Fund has a twelve month low of $10.70 and a twelve month high of $13.66.
Neuberger Berman Next Generation Connectivity Fund Dividend Announcement
Neuberger Berman Next Generation Connectivity Fund Company Profile
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.
The Fund’s investment strategy focuses on equity securities issued by U.S.
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