Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Short Interest Update

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 15,800 shares, an increase of 16.2% from the January 15th total of 13,600 shares. Based on an average trading volume of 109,900 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Neuberger Berman Municipal Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC purchased a new stake in Neuberger Berman Municipal Fund in the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC purchased a new position in shares of Neuberger Berman Municipal Fund in the 3rd quarter valued at approximately $36,000. Atala Financial Inc purchased a new position in shares of Neuberger Berman Municipal Fund in the 4th quarter valued at approximately $67,000. Wolverine Asset Management LLC purchased a new position in shares of Neuberger Berman Municipal Fund in the 4th quarter valued at approximately $91,000. Finally, Uniting Wealth Partners LLC purchased a new position in shares of Neuberger Berman Municipal Fund in the 4th quarter valued at approximately $105,000.

Neuberger Berman Municipal Fund Price Performance

Shares of NYSEAMERICAN NBH traded up $0.14 during midday trading on Monday, reaching $10.75. The company had a trading volume of 131,295 shares, compared to its average volume of 105,983. Neuberger Berman Municipal Fund has a one year low of $10.03 and a one year high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st will be issued a $0.0542 dividend. This represents a $0.65 annualized dividend and a yield of 6.05%. The ex-dividend date is Friday, January 31st.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.