Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Up 85.3% in March

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 76,700 shares, a growth of 85.3% from the February 28th total of 41,400 shares. Based on an average daily trading volume, of 191,800 shares, the days-to-cover ratio is presently 0.4 days.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock opened at $9.03 on Monday. Neuberger Berman Energy Infrastructure and Income Fund has a 1-year low of $6.98 and a 1-year high of $9.51. The stock’s fifty day simple moving average is $9.01.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.0584 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.70 annualized dividend and a dividend yield of 7.76%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -227.59%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 0.4% during the third quarter. Stifel Financial Corp now owns 315,280 shares of the investment management company’s stock valued at $2,585,000 after purchasing an additional 1,171 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the third quarter worth about $2,659,000. Cornerstone Wealth Management LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 10.1% in the fourth quarter. Cornerstone Wealth Management LLC now owns 86,768 shares of the investment management company’s stock worth $766,000 after purchasing an additional 7,942 shares during the last quarter. Calamos Advisors LLC lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock valued at $437,000 after buying an additional 9,515 shares in the last quarter. Finally, Truist Financial Corp boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 5.5% in the 4th quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock valued at $226,000 after buying an additional 1,330 shares during the period.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.