Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Rises By 183.0%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 35,479 shares, a growth of 183.0% from the August 15th total of 12,537 shares. Based on an average daily volume of 40,288 shares, the days-to-cover ratio is currently 0.9 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE:EMO opened at $54.99 on Friday. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $41.54 and a fifty-two week high of $56.33. The company’s 50-day simple moving average is $52.89 and its 200-day simple moving average is $51.51.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

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

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock valued at $442,000 after purchasing an additional 761 shares during the last quarter. JPMorgan Chase & Co. grew its stake in ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,934 shares of the investment management company’s stock worth $572,000 after buying an additional 990 shares during the last quarter. Invesco Ltd. grew its stake in ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd quarter. Invesco Ltd. now owns 58,066 shares of the investment management company’s stock worth $2,785,000 after buying an additional 4,778 shares during the last quarter. First Trust Advisors LP increased its position in 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 valued at $856,000 after buying an additional 269 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in ClearBridge Energy Midstream Opportunity Fund by 1.7% during the 2nd quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock valued at $31,227,000 after buying an additional 11,188 shares in the last quarter.

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.