ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Update

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 12,537 shares, a growth of 53.4% from the July 30th total of 8,175 shares. Based on an average daily trading volume, of 32,003 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EMO. Corient Private Wealth LP purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth approximately $242,000. HighTower Advisors LLC lifted its holdings in ClearBridge Energy Midstream Opportunity Fund by 39.2% in the 2nd quarter. HighTower Advisors LLC now owns 14,714 shares of the investment management company’s stock valued at $737,000 after purchasing an additional 4,143 shares in the last quarter. XML Financial LLC boosted its stake in ClearBridge Energy Midstream Opportunity Fund by 6.7% during the 2nd quarter. XML Financial LLC now owns 9,807 shares of the investment management company’s stock worth $491,000 after purchasing an additional 616 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth $1,982,000. Finally, Concorde Asset Management LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth $363,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO traded up $0.24 during mid-day trading on Tuesday, hitting $55.02. The company’s stock had a trading volume of 7,272 shares, compared to its average volume of 50,963. The business’s fifty day moving average is $51.88 and its two-hundred day moving average is $51.23. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $41.54 and a 1 year high of $55.69.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, November 20th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

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.