Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Down 74.7% in April

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 15,059 shares, a drop of 74.7% from the April 15th total of 59,605 shares. Based on an average trading volume of 172,326 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Neuberger Berman Energy Infrastructure and Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of NML. Cetera Investment Advisers grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 8.4% in the 2nd quarter. Cetera Investment Advisers now owns 41,991 shares of the investment management company’s stock worth $378,000 after purchasing an additional 3,261 shares during the last quarter. Invesco Ltd. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 91.6% during the second quarter. Invesco Ltd. now owns 86,186 shares of the investment management company’s stock valued at $776,000 after purchasing an additional 41,205 shares during the last quarter. NewEdge Advisors LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 249.4% in the second quarter. NewEdge Advisors LLC now owns 167,030 shares of the investment management company’s stock worth $1,503,000 after buying an additional 119,226 shares during the last quarter. Ameriprise Financial Inc. grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 8.2% in the second quarter. Ameriprise Financial Inc. now owns 246,471 shares of the investment management company’s stock worth $2,218,000 after buying an additional 18,747 shares during the last quarter. Finally, Monetary Management Group Inc. increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 30.0% in the second quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock valued at $47,000 after buying an additional 1,200 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Shares of NYSEAMERICAN NML traded up $0.10 during mid-day trading on Wednesday, reaching $10.34. 74,564 shares of the company traded hands, compared to its average volume of 180,550. Neuberger Berman Energy Infrastructure and Income Fund has a fifty-two week low of $7.89 and a fifty-two week high of $10.71. The stock has a fifty day simple moving average of $10.14 and a 200-day simple moving average of $9.27.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.0701 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Friday, May 15th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is presently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.