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 recipient of 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 trading volume, of 117,388 shares, the short-interest ratio is currently 0.2 days.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.4%

Shares of NYSEAMERICAN:NML traded up $0.04 during trading on Friday, reaching $10.76. 132,783 shares of the stock traded hands, compared to its average volume of 161,368. The stock has a 50-day moving average of $10.20 and a two-hundred day 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 Dividend Announcement

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

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC purchased a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the first quarter worth $39,000. Monetary Management Group Inc. boosted its position 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 valued at $47,000 after buying 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 valued at $80,000. Evolve Private Wealth LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter worth about $89,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in Neuberger Berman Energy Infrastructure and Income Fund by 8.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,762 shares of the investment management company’s stock worth $125,000 after buying an additional 1,112 shares during the last quarter.

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.