Short Interest in NXG NextGen Infrastructure Income Fund (NYSE:NXG) Increases By 20.6%

NXG NextGen Infrastructure Income Fund (NYSE:NXG) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 20,696 shares, an increase of 20.6% from the January 29th total of 17,156 shares. Based on an average trading volume of 54,854 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 54,854 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On NXG NextGen Infrastructure Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Compound Planning Inc. purchased a new stake in shares of NXG NextGen Infrastructure Income Fund in the fourth quarter valued at about $332,000. Invesco Ltd. raised its position in shares of NXG NextGen Infrastructure Income Fund by 65.0% during the 4th quarter. Invesco Ltd. now owns 13,547 shares of the company’s stock worth $684,000 after purchasing an additional 5,339 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in NXG NextGen Infrastructure Income Fund in the 4th quarter valued at approximately $258,000. Guggenheim Capital LLC grew its holdings in NXG NextGen Infrastructure Income Fund by 4.9% during the 4th quarter. Guggenheim Capital LLC now owns 57,758 shares of the company’s stock valued at $2,917,000 after buying an additional 2,698 shares during the last quarter. Finally, Royal Bank of Canada increased its position in NXG NextGen Infrastructure Income Fund by 8.9% during the fourth quarter. Royal Bank of Canada now owns 17,170 shares of the company’s stock worth $867,000 after buying an additional 1,408 shares in the last quarter.

NXG NextGen Infrastructure Income Fund Stock Down 1.3%

Shares of NXG stock opened at $54.30 on Wednesday. The stock has a fifty day moving average price of $51.77 and a 200 day moving average price of $49.79. NXG NextGen Infrastructure Income Fund has a 1 year low of $35.22 and a 1 year high of $55.64.

NXG NextGen Infrastructure Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.54 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 11.9%. NXG NextGen Infrastructure Income Fund’s payout ratio is currently -2,925.00%.

NXG NextGen Infrastructure Income Fund Company Profile

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.