Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Declines By 16.2%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 18,350 shares, a decline of 16.2% from the February 12th total of 21,890 shares. Based on an average trading volume of 61,310 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 61,310 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 10,046 shares of the investment management company’s stock valued at $449,000 after acquiring an additional 262 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.5% during the 2nd quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock worth $856,000 after purchasing an additional 269 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 3.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 14,989 shares of the investment management company’s stock valued at $669,000 after purchasing an additional 440 shares during the period. Captrust Financial Advisors raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 9.6% in the second quarter. Captrust Financial Advisors now owns 5,510 shares of the investment management company’s stock valued at $264,000 after purchasing an additional 483 shares in the last quarter. Finally, Allworth Financial LP bought a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $29,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO traded down $0.14 during trading hours on Wednesday, hitting $52.28. 32,721 shares of the company traded hands, compared to its average volume of 57,675. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $39.65 and a twelve month high of $53.99. The firm has a 50-day moving average of $49.21 and a 200 day moving average of $46.10.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business 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 dividend of $0.36 per share. 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.