ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 8,175 shares, a decline of 62.8% from the July 15th total of 21,984 shares. Based on an average daily trading volume, of 37,659 shares, the short-interest ratio is presently 0.2 days.
Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund
A number of large investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at about $26,000. Allworth Financial LP purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at about $30,000. Thomas J. Herzfeld Advisors Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth approximately $45,000. Kestra Advisory Services LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth approximately $119,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth approximately $197,000.
ClearBridge Energy Midstream Opportunity Fund Stock Performance
Shares of ClearBridge Energy Midstream Opportunity Fund stock traded up $0.35 on Friday, hitting $53.33. 3,473 shares of the company traded hands, compared to its average volume of 51,867. The firm’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $50.69. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $41.54 and a 12-month high of $54.90.
ClearBridge Energy Midstream Opportunity Fund Announces Dividend
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.
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