Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Update

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 54,440 shares, an increase of 261.5% from the April 30th total of 15,059 shares. Based on an average daily trading volume, of 110,563 shares, the days-to-cover ratio is currently 0.5 days.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.6%

Neuberger Berman Energy Infrastructure and Income Fund stock traded down $0.16 during midday trading on Friday, hitting $9.80. The stock had a trading volume of 162,904 shares, compared to its average volume of 177,538. Neuberger Berman Energy Infrastructure and Income Fund has a 12 month low of $7.89 and a 12 month high of $10.71. The business has a fifty day moving average price of $10.19 and a 200 day moving average price of $9.43.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a $0.0701 dividend. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Friday, May 15th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is currently -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at approximately $39,000. Monetary Management Group Inc. boosted its stake in 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 acquiring an additional 1,200 shares during the period. Fifth Third Bancorp acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at approximately $80,000. Evolve Private Wealth LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at approximately $89,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 8.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 14,762 shares of the investment management company’s stock valued at $125,000 after acquiring an additional 1,112 shares during the period.

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.