ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 147.2% in May

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMOGet Free Report) saw a significant growth in short interest in 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 daily volume of 57,371 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $13,637,000. Nomura Holdings Inc. acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $7,085,000. Sit Investment Associates Inc. lifted its holdings in shares of 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 period. Absolute Investment Advisers LLC purchased 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 increased its stake 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 purchasing an additional 43,800 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO stock traded up $0.07 on Friday, hitting $50.31. The stock had a trading volume of 27,845 shares, compared to its average volume of 56,099. The company’s 50 day moving average price is $50.40 and its 200-day moving average price is $48.87. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $41.54 and a 1 year high of $54.90.

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 8.6%. The ex-dividend date of this dividend is Monday, August 24th.

About ClearBridge Energy Midstream Opportunity Fund

(Get Free Report)

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.

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