Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 64.4% in May

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 19,372 shares, a decrease of 64.4% from the May 14th total of 54,440 shares. Based on an average daily volume of 182,009 shares, the short-interest ratio is currently 0.1 days.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.4%

Neuberger Berman Energy Infrastructure and Income Fund stock opened at $10.18 on Friday. The firm has a 50-day moving average of $10.14 and a 200-day moving average of $9.55. 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 company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0701 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, June 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

A number of institutional investors have recently modified their holdings of NML. Western Wealth Management LLC purchased a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the first quarter worth about $39,000. Monetary Management Group Inc. boosted its holdings 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 purchasing an additional 1,200 shares during the period. 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 purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter worth about $89,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 8.1% in the fourth 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 period.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

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.