Short Interest in NXG NextGen Infrastructure Income Fund (NYSE:NXG) Expands By 35.2%

NXG NextGen Infrastructure Income Fund (NYSE:NXG) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 40,304 shares, an increase of 35.2% from the December 15th total of 29,810 shares. Based on an average daily trading volume, of 40,418 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 40,418 shares, the short-interest ratio is currently 1.0 days.

NXG NextGen Infrastructure Income Fund Stock Performance

NYSE NXG traded down $0.69 during trading on Friday, hitting $50.62. The stock had a trading volume of 27,409 shares, compared to its average volume of 43,828. NXG NextGen Infrastructure Income Fund has a twelve month low of $35.22 and a twelve month high of $53.38. The firm has a 50 day moving average price of $49.88 and a 200 day moving average price of $49.00.

NXG NextGen Infrastructure Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a $0.54 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 12.8%. NXG NextGen Infrastructure Income Fund’s dividend payout ratio (DPR) is currently -2,700.00%.

Insider Activity at NXG NextGen Infrastructure Income Fund

In related news, Director John Alban acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average price of $50.38 per share, with a total value of $50,380.00. Following the transaction, the director owned 1,000 shares of the company’s stock, valued at approximately $50,380. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On NXG NextGen Infrastructure Income Fund

Institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC grew its position in shares of NXG NextGen Infrastructure Income Fund by 3.0% in the 4th quarter. CoreCap Advisors LLC now owns 45,925 shares of the company’s stock valued at $2,319,000 after buying an additional 1,335 shares during the last quarter. Ausdal Financial Partners Inc. boosted its holdings in NXG NextGen Infrastructure Income Fund by 8.4% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 27,714 shares of the company’s stock valued at $1,351,000 after purchasing an additional 2,141 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in NXG NextGen Infrastructure Income Fund during the third quarter worth $1,697,000. UBS Group AG increased its holdings in shares of NXG NextGen Infrastructure Income Fund by 7.6% in the 3rd quarter. UBS Group AG now owns 12,529 shares of the company’s stock valued at $611,000 after purchasing an additional 889 shares in the last quarter. Finally, Cornerstone Advisors LLC purchased a new stake in shares of NXG NextGen Infrastructure Income Fund during the 3rd quarter worth approximately $3,919,000.

About NXG NextGen Infrastructure Income Fund

NextGen Infrastructure Income Fund (NYSE: NXG) is a closed-end management investment company that seeks to provide shareholders with high current income and, to a lesser extent, capital appreciation by investing primarily in infrastructure-related assets. The fund’s portfolio typically includes debt and equity securities issued by companies operating in energy, utilities, transportation and communications infrastructure sectors. NXG’s investment strategy blends fixed income instruments—such as corporate bonds and preferred stock—with select equity holdings to build a diversified income-oriented portfolio.

To pursue its objectives, NXG combines thorough credit analysis and sector allocation with active risk management.