Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Short Interest Update

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Get Free Report) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 65,700 shares, a growth of 24.9% from the March 15th total of 52,600 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 199,100 shares, the days-to-cover ratio is presently 0.3 days.

Neuberger Berman High Yield Strategies Fund Price Performance

NYSEAMERICAN:NHS traded up $0.01 during trading hours on Wednesday, reaching $7.45. The company's stock had a trading volume of 198,449 shares, compared to its average volume of 192,439. The firm has a 50-day simple moving average of $7.56 and a 200-day simple moving average of $7.61. Neuberger Berman High Yield Strategies Fund has a 1 year low of $6.62 and a 1 year high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.0905 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.09 dividend on an annualized basis and a yield of 14.58%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NHS. Landscape Capital Management L.L.C. purchased a new stake in Neuberger Berman High Yield Strategies Fund during the 4th quarter valued at $77,000. Aristides Capital LLC bought a new position in Neuberger Berman High Yield Strategies Fund during the 4th quarter valued at approximately $80,000. XTX Topco Ltd bought a new stake in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter worth approximately $88,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Neuberger Berman High Yield Strategies Fund during the fourth quarter valued at approximately $90,000. Finally, Apollon Wealth Management LLC bought a new stake in Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at $109,000.

Neuberger Berman High Yield Strategies Fund Company Profile

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.