ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Down 16.3% in March

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 12,300 shares, a decrease of 16.3% from the February 28th total of 14,700 shares. Based on an average daily volume of 42,800 shares, the short-interest ratio is presently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Stock Down 3.9 %

Shares of NYSE EMO traded down $1.96 during midday trading on Thursday, hitting $48.66. 49,572 shares of the company’s stock were exchanged, compared to its average volume of 37,122. The business’s fifty day moving average price is $49.14 and its two-hundred day moving average price is $46.95. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $36.71 and a 12-month high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.36 per share. This represents a dividend yield of 8.69%. The ex-dividend date of this dividend was Monday, March 24th.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other news, insider Franklin Resources Inc sold 9,704 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter worth about $384,000. Walleye Capital LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $879,000. HighTower Advisors LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter worth $1,030,000. Integrated Wealth Concepts LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth about $325,000. Finally, Stifel Financial Corp bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at about $4,542,000.

About ClearBridge Energy Midstream Opportunity Fund

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.