Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Drops By 71.9%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totaling 5,237 shares, a drop of 71.9% from the March 31st total of 18,614 shares. Based on an average daily volume of 53,411 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth about $45,000. First Community Trust NA bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth approximately $69,000. Kestra Advisory Services LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at approximately $119,000. Eagle Bay Advisors LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth $189,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $205,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.7%

NYSE EMO traded down $0.36 on Friday, hitting $49.03. 37,287 shares of the stock traded hands, compared to its average volume of 56,442. The stock has a 50-day moving average of $51.30 and a 200 day moving average of $47.06. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $41.54 and a twelve month high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be issued a $0.36 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Thursday, May 21st.

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.