Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) Sees Significant Decrease in Short Interest

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS - Get Free Report) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 108,604 shares, a drop of 36.5% from the January 29th total of 170,972 shares. Approximately 0.3% of the company's stock are sold short. Based on an average trading volume of 161,429 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 161,429 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company's stock are sold short.Institutional Inflows and OutflowsHedge funds have recently modified their holdings of the company. GraniteShares Advisors LLC purchased a new position in shares of Neuberger Berman High Yield Strategies Fund in the fourth quarter worth about $2,832,000. Guggenheim Capital LLC lifted its stake in Neuberger Berman High Yield Strategies Fund by 38.0% in the 4th quarter. Guggenheim Capital LLC now owns 567,943 shares of the investment management company's stock worth $4,225,000 after purchasing an additional 156,386 shares in the last quarter. Shaker Financial Services LLC acquired a new position in shares of Neuberger Berman High Yield Strategies Fund during the 4th quarter worth approximately $402,000. Total Wealth Planning & Management Inc. purchased a new stake in shares of Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at approximately $337,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund in the second quarter valued at approximately $338,000. Neuberger Berman High Yield Strategies Fund Stock PerformanceShares of Neuberger Berman High Yield Strategies Fund stock traded down $0.01 during midday trading on Friday, hitting $7.72. The company had a trading volume of 166,039 shares, compared to its average volume of 149,229. The company has a fifty day simple moving average of $7.48 and a 200 day simple moving average of $7.43. Neuberger Berman High Yield Strategies Fund has a 12-month low of $6.62 and a 12-month high of $7.94. Neuberger Berman High Yield Strategies Fund Announces DividendThe company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a $0.0905 dividend. This represents a c) annualized dividend and a dividend yield of 14.1%. The ex-dividend date of this dividend was Tuesday, February 17th. Neuberger Berman High Yield Strategies Fund Company Profile (Get Free Report)The Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) is a closed-end, fixed-income management investment company focused on delivering high current income with the potential for capital appreciation. The fund primarily invests in below-investment-grade corporate debt—often referred to as high-yield bonds—issued by U.S. and select non-U.S. issuers. Through a diversified portfolio of high-yield instruments, NHS aims to provide enhanced yield relative to investment-grade alternatives. Under its investment policy, NHS allocates the majority of its assets to corporate securities spanning sectors such as communications, energy, consumer goods, and industrials.Read MoreFive stocks we like better than Neuberger Berman High Yield Strategies FundThe gold chart Wall Street is terrified of…America’s 1776 happening againBuy this Gold Stock Before May 2026“Fed Proof” Your Bank Account with THESE 4 Simple StepsWhat a Former CIA Agent Knows About the Coming CollapseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Neuberger Berman High Yield Strategies Fund Right Now?Before you consider Neuberger Berman High Yield Strategies Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Neuberger Berman High Yield Strategies Fund wasn't on the list.While Neuberger Berman High Yield Strategies Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here