ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Down 54.3% in January

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMOGet Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,300 shares, a decrease of 54.3% from the January 15th total of 11,600 shares. Based on an average trading volume of 36,000 shares, the short-interest ratio is currently 0.1 days.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of ClearBridge Energy Midstream Opportunity Fund stock traded up $0.71 on Monday, reaching $35.94. 17,151 shares of the company’s stock were exchanged, compared to its average volume of 28,722. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $25.57 and a 52 week high of $36.54. The firm’s 50-day moving average is $34.53 and its two-hundred day moving average is $32.83.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 22nd will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This is a positive change from ClearBridge Energy Midstream Opportunity Fund’s previous quarterly dividend of $0.65. This represents a $2.68 annualized dividend and a yield of 7.46%.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 32,400 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were purchased at an average price of $33.08 per share, for a total transaction of $1,071,792.00. Following the transaction, the insider now owns 2,915,423 shares of the company’s stock, valued at $96,442,192.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have purchased 72,087 shares of company stock worth $2,418,297 over the last ninety days.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of large investors have recently bought and sold shares of EMO. UBS Group AG boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 45.7% during the 4th quarter. UBS Group AG now owns 7,763 shares of the investment management company’s stock worth $271,000 after purchasing an additional 2,434 shares in the last quarter. Robinson Capital Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth $473,000. Blue Bell Private Wealth Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at $272,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 5.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 377,780 shares of the investment management company’s stock valued at $13,192,000 after buying an additional 18,172 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 3.9% during the fourth quarter. Raymond James & Associates now owns 13,154 shares of the investment management company’s stock valued at $459,000 after buying an additional 491 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Company Profile

(Get Free Report)

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.

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