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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 12,467 shares, a drop of 21.5% from the November 30th total of 15,891 shares. Based on an average daily volume of 60,504 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 60,504 shares, the short-interest ratio is currently 0.2 days.

ClearBridge Energy Midstream Opportunity Fund Trading Up 0.5%

Shares of NYSE EMO traded up $0.23 during trading hours on Tuesday, hitting $44.14. The stock had a trading volume of 72,188 shares, compared to its average volume of 60,965. The firm’s 50-day moving average price is $43.77 and its two-hundred day moving average price is $45.55. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $39.65 and a 52 week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be given a $0.36 dividend. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EMO. Advisors Asset Management Inc. boosted its holdings in ClearBridge Energy Midstream Opportunity Fund by 5.8% in the first quarter. Advisors Asset Management Inc. now owns 634,703 shares of the investment management company’s stock worth $31,494,000 after purchasing an additional 34,525 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 3.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,395 shares of the investment management company’s stock worth $1,306,000 after acquiring an additional 858 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth about $778,000. DAVENPORT & Co LLC increased its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 8.5% during the 2nd 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. Finally, Thompson Investment Management Inc. acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at about $32,000.

About ClearBridge Energy Midstream Opportunity Fund

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.