Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Short Interest Update

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 13,900 shares, a decrease of 73.7% from the November 15th total of 52,900 shares. Based on an average daily volume of 149,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. MRA Advisory Group acquired a new stake in Neuberger Berman High Yield Strategies Fund in the third quarter valued at approximately $109,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Neuberger Berman High Yield Strategies Fund by 20.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock worth $116,000 after acquiring an additional 2,534 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of Neuberger Berman High Yield Strategies Fund in the 2nd quarter valued at about $224,000. Cetera Advisors LLC acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund during the 1st quarter worth about $263,000. Finally, SeaCrest Wealth Management LLC raised its position in shares of Neuberger Berman High Yield Strategies Fund by 4.2% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 35,688 shares of the investment management company’s stock worth $279,000 after acquiring an additional 1,448 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Down 0.4 %

NHS traded down $0.03 during trading hours on Thursday, hitting $7.90. 77,153 shares of the company’s stock were exchanged, compared to its average volume of 116,409. Neuberger Berman High Yield Strategies Fund has a 12-month low of $7.30 and a 12-month high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.0905 per share. The ex-dividend date is Monday, December 16th.

About Neuberger Berman High Yield Strategies Fund

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.