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

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 19,077 shares, a decrease of 49.7% from the July 15th total of 37,892 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 180,745 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new position in shares of Neuberger Berman High Yield Strategies Fund during the 2nd quarter worth approximately $113,000. Invesco Ltd. increased its stake in shares of Neuberger Berman High Yield Strategies Fund by 3.5% during the second quarter. Invesco Ltd. now owns 258,944 shares of the investment management company’s stock worth $1,963,000 after buying an additional 8,676 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund in the 2nd quarter valued at $338,000. Osaic Holdings Inc. raised its stake in Neuberger Berman High Yield Strategies Fund by 112.6% in the second quarter. Osaic Holdings Inc. now owns 30,819 shares of the investment management company’s stock valued at $234,000 after buying an additional 16,324 shares in the last quarter. Finally, SeaCrest Wealth Management LLC raised its position in shares of Neuberger Berman High Yield Strategies Fund by 14.0% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 42,369 shares of the investment management company’s stock worth $322,000 after acquiring an additional 5,219 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Down 1.3%

NYSEAMERICAN:NHS traded down $0.08 during trading hours on Monday, hitting $6.01. The company had a trading volume of 257,960 shares, compared to its average volume of 163,289. Neuberger Berman High Yield Strategies Fund has a 1 year low of $5.97 and a 1 year high of $7.75. The company has a 50-day moving average of $6.14 and a 200 day moving average of $6.62.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.0905 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 18.1%.

About Neuberger Berman High Yield Strategies Fund

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.