ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Sees Significant Increase in Short Interest

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 11,726 shares, an increase of 92.2% from the December 31st total of 6,102 shares. Based on an average daily trading volume, of 70,235 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 70,235 shares, the days-to-cover ratio is currently 0.2 days.

ClearBridge Energy Midstream Opportunity Fund Stock Up 0.3%

Shares of NYSE:EMO traded up $0.15 on Friday, hitting $48.46. 60,739 shares of the company’s stock were exchanged, compared to its average volume of 63,556. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $39.65 and a 12 month high of $51.00. The business’s 50 day simple moving average is $45.25 and its two-hundred day simple moving average is $45.40.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.36 dividend. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Friday, February 20th.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently modified their holdings of the business. Nomura Holdings Inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at approximately $7,085,000. Penserra Capital Management LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $5,844,000. Absolute Investment Advisers LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth $3,746,000. Terril Brothers Inc. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth $1,078,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth $778,000.

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.