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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 10,436 shares, a growth of 147.2% from the May 14th total of 4,221 shares. Based on an average trading volume of 57,371 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in EMO. EP Wealth Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth about $13,637,000. Nomura Holdings Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter worth about $7,085,000. Sit Investment Associates Inc. raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 16.2% in the 4th 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 during the last quarter. Absolute Investment Advisers LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $3,746,000. Finally, Blue Bell Private Wealth Management LLC raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 845.4% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 48,981 shares of the investment management company’s stock valued at $2,187,000 after buying an additional 43,800 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Up 0.1%

Shares of EMO stock traded up $0.07 on Friday, reaching $50.31. The company had a trading volume of 27,845 shares, compared to its average volume of 56,099. ClearBridge Energy Midstream Opportunity Fund has a one year low of $41.54 and a one year high of $54.90. The business’s 50-day moving average is $50.40 and its 200 day moving average is $48.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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.