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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 21,984 shares, a growth of 65.1% from the June 30th total of 13,312 shares. Based on an average daily trading volume, of 43,351 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of institutional investors have recently added to or reduced their stakes in EMO. Sit Investment Associates Inc. boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 16.2% in the fourth quarter. Sit Investment Associates Inc. now owns 777,688 shares of the investment management company’s stock valued at $34,724,000 after buying an additional 108,345 shares in the last quarter. Raymond James Financial Inc. raised its position in ClearBridge Energy Midstream Opportunity Fund by 1.7% during the second quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock worth $31,227,000 after acquiring an additional 11,188 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth approximately $13,637,000. Royal Bank of Canada raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 0.9% in the first quarter. Royal Bank of Canada now owns 270,443 shares of the investment management company’s stock worth $14,284,000 after acquiring an additional 2,281 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $7,085,000.

ClearBridge Energy Midstream Opportunity Fund Stock Up 1.1%

Shares of NYSE EMO traded up $0.57 during trading hours on Friday, reaching $51.61. The stock had a trading volume of 38,465 shares, compared to its average volume of 53,410. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $41.54 and a fifty-two week high of $54.90. The firm has a 50-day moving average of $50.51 and a 200-day moving average of $50.34.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be given a dividend of $0.36 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Monday, August 24th.

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.