Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Short Interest Down 52.8% in January

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 15,400 shares, a decrease of 52.8% from the January 15th total of 32,600 shares. Based on an average daily trading volume, of 197,000 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Neuberger Berman High Yield Strategies Fund

Large investors have recently made changes to their positions in the company. Landscape Capital Management L.L.C. purchased a new stake in shares of Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at about $77,000. Aristides Capital LLC purchased a new stake in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at approximately $80,000. Apollon Wealth Management LLC acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund during the 4th quarter worth approximately $109,000. MRA Advisory Group raised its position in shares of Neuberger Berman High Yield Strategies Fund by 16.1% during the 4th quarter. MRA Advisory Group now owns 14,624 shares of the investment management company’s stock valued at $110,000 after buying an additional 2,030 shares during the period. Finally, Truist Financial Corp acquired a new position in Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at approximately $152,000.

Neuberger Berman High Yield Strategies Fund Stock Up 0.9 %

Shares of Neuberger Berman High Yield Strategies Fund stock traded up $0.07 on Thursday, reaching $7.82. 325,764 shares of the stock were exchanged, compared to its average volume of 242,823. Neuberger Berman High Yield Strategies Fund has a twelve month low of $7.47 and a twelve month high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0905 per share. This represents a $1.09 annualized dividend and a yield of 13.89%. The ex-dividend date of this dividend is Tuesday, February 18th.

Neuberger Berman High Yield Strategies Fund Company Profile

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.