Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Decreases By 33.3%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 21,890 shares, a decline of 33.3% from the January 29th total of 32,796 shares. Based on an average daily trading volume, of 44,758 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 44,758 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EMO. Allworth Financial LP acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at approximately $29,000. Thomas J. Herzfeld Advisors Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at $45,000. First Community Trust NA acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth about $69,000. Kestra Advisory Services LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth about $119,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $189,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 1.9%

NYSE:EMO traded down $0.99 during midday trading on Tuesday, reaching $52.31. 100,265 shares of the stock traded hands, compared to its average volume of 60,480. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $39.65 and a 12-month high of $53.99. The business has a 50-day moving average of $47.74 and a two-hundred day moving average of $45.81.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be given a $0.36 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

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.