ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Update

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 6,102 shares, a decrease of 51.1% from the December 15th total of 12,467 shares. Based on an average trading volume of 54,697 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 54,697 shares, the short-interest ratio is currently 0.1 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.69 during mid-day trading on Friday, hitting $47.23. 98,988 shares of the company’s stock were exchanged, compared to its average volume of 72,808. The company’s 50 day simple moving average is $44.51 and its 200-day simple moving average is $45.42. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $39.65 and a fifty-two week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a dividend of $0.36 per share. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several institutional investors and hedge funds have recently bought and sold shares of EMO. Wealth Enhancement Advisory Services LLC grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 3.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 27,395 shares of the investment management company’s stock valued at $1,306,000 after acquiring an additional 858 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth about $778,000. DAVENPORT & Co LLC boosted its stake in ClearBridge Energy Midstream Opportunity Fund by 8.5% in the second quarter. DAVENPORT & Co LLC now owns 19,075 shares of the investment management company’s stock valued at $915,000 after acquiring an additional 1,500 shares during the last quarter. Thompson Investment Management Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at approximately $32,000. Finally, Stephens Inc. AR increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 88.8% during the 2nd quarter. Stephens Inc. AR now owns 8,783 shares of the investment management company’s stock worth $421,000 after purchasing an additional 4,130 shares during the last quarter.

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.