Short Interest in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Declines By 28.2%

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 52,600 shares, a decrease of 28.2% from the February 28th total of 73,300 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 205,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Neuberger Berman High Yield Strategies Fund

Institutional investors have recently modified their holdings of the stock. Landscape Capital Management L.L.C. acquired a new position in Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at about $77,000. Aristides Capital LLC acquired a new position in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at approximately $80,000. XTX Topco Ltd acquired a new position in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at approximately $88,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Neuberger Berman High Yield Strategies Fund during the 4th quarter worth approximately $90,000. Finally, Apollon Wealth Management LLC bought a new position in Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at approximately $109,000.

Neuberger Berman High Yield Strategies Fund Stock Up 0.1 %

Shares of NYSEAMERICAN:NHS traded up $0.01 on Tuesday, reaching $7.65. 114,835 shares of the company’s stock were exchanged, compared to its average volume of 141,929. Neuberger Berman High Yield Strategies Fund has a twelve month low of $7.47 and a twelve month high of $8.67. The company’s fifty day moving average price is $7.66.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0905 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.09 dividend on an annualized basis and a yield of 14.20%.

About Neuberger Berman High Yield Strategies Fund

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.