Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Update

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 114,113 shares, a growth of 489.1% from the May 31st total of 19,372 shares. Based on an average daily volume of 140,815 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at about $39,000. Monetary Management Group Inc. grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 30.0% during the second quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock worth $47,000 after acquiring an additional 1,200 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the first quarter worth about $80,000. Evolve Private Wealth LLC acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the fourth quarter valued at about $89,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 8.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 14,762 shares of the investment management company’s stock valued at $125,000 after acquiring an additional 1,112 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.1%

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock traded down $0.11 on Friday, reaching $9.78. The stock had a trading volume of 138,418 shares, compared to its average volume of 171,814. The company has a 50 day moving average price of $10.08 and a 200 day moving average price of $9.63. Neuberger Berman Energy Infrastructure and Income Fund has a 1 year low of $7.89 and a 1 year high of $10.71.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0701 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is presently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

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.