ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 183.0% in August

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 35,479 shares, an increase of 183.0% from the August 15th total of 12,537 shares. Based on an average trading volume of 40,288 shares, the days-to-cover ratio is presently 0.9 days.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.7%

NYSE EMO opened at $54.63 on Tuesday. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $41.54 and a 52 week high of $56.33. The firm has a 50 day moving average of $53.00 and a two-hundred day moving average of $51.54.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be given a dividend of $0.41 per share. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, November 20th.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several large investors have recently bought and sold shares of the business. Terril Brothers Inc. lifted its position in ClearBridge Energy Midstream Opportunity Fund by 124.6% in the fourth quarter. Terril Brothers Inc. now owns 51,047 shares of the investment management company’s stock valued at $2,279,000 after acquiring an additional 28,323 shares during the last quarter. Sit Investment Associates Inc. grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 16.2% during the fourth quarter. Sit Investment Associates Inc. now owns 777,688 shares of the investment management company’s stock worth $34,724,000 after purchasing an additional 108,345 shares during the last quarter. Closed End Fund Advisors Inc. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth about $1,040,000. Edgemoor Investment Advisors Inc. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 36.8% during the fourth quarter. Edgemoor Investment Advisors Inc. now owns 73,906 shares of the investment management company’s stock worth $3,300,000 after purchasing an additional 19,899 shares in the last quarter. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth about $956,000.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.