Neuberger Berman MLP Income Fund Inc (NYSE:NML) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 162,003 shares, a drop of 22.7% from the August 31st total of 209,455 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 207,437 shares, the days-to-cover ratio is presently 0.8 days.
Neuberger Berman MLPome Fund (NYSE:NML) opened at 8.95 on Tuesday. The stock’s 50 day moving average is $8.91 and its 200-day moving average is $8.00. Neuberger Berman MLPome Fund has a 12 month low of $4.52 and a 12 month high of $14.74.
Neuberger Berman MLPome Fund Company Profile
Neuberger Berman MLP Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks to provide total return with an emphasis on cash distributions. The Fund has assembled a portfolio that consists mainly of master limited partnerships (MLPs) and select companies that have economic characteristics substantially similar to MLPs.
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