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 January. As of January 15th, there was short interest totaling 11,726 shares, a growth of 92.2% from the December 31st total of 6,102 shares. Based on an average trading volume of 70,235 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 70,235 shares, the days-to-cover ratio is presently 0.2 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of EMO traded up $0.15 on Friday, reaching $48.46. 60,739 shares of the company’s stock traded hands, compared to its average volume of 63,556. ClearBridge Energy Midstream Opportunity Fund has a 52-week low of $39.65 and a 52-week high of $51.00. The stock’s 50 day simple moving average is $45.25 and its two-hundred day simple moving average is $45.39.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.36 dividend. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date is Friday, February 20th.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Several institutional investors and hedge funds have recently modified their holdings of EMO. Future Financial Wealth Managment LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at about $778,000. DAVENPORT & Co LLC lifted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 8.5% during the second quarter. DAVENPORT & Co LLC now owns 19,075 shares of the investment management company’s stock worth $915,000 after purchasing an additional 1,500 shares during the last quarter. Thompson Investment Management Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at $32,000. Stephens Inc. AR raised its stake in ClearBridge Energy Midstream Opportunity Fund by 88.8% in the second quarter. Stephens Inc. AR now owns 8,783 shares of the investment management company’s stock worth $421,000 after buying an additional 4,130 shares in the last quarter. Finally, Motco bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth approximately $42,000.

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.