Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 21.4% in February

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 41,400 shares, a decline of 21.4% from the February 13th total of 52,700 shares. Based on an average daily trading volume, of 203,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Several institutional investors have recently bought and sold shares of NML. Truist Financial Corp increased its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock worth $226,000 after purchasing an additional 1,330 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 13.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock worth $2,804,000 after buying an additional 37,886 shares during the last quarter. Calamos Advisors LLC increased its stake 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 worth $437,000 after buying an additional 9,515 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the third quarter valued at approximately $2,659,000. Finally, Penserra Capital Management LLC acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the third quarter valued at approximately $4,674,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock traded down $0.01 during trading hours on Tuesday, reaching $8.95. The stock had a trading volume of 116,576 shares, compared to its average volume of 204,452. Neuberger Berman Energy Infrastructure and Income Fund has a twelve month low of $6.98 and a twelve month high of $9.51. The company’s 50 day simple moving average is $8.95.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.0584 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.70 dividend on an annualized basis and a yield of 7.83%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -227.59%.

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.