Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Drops By 62.8%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8,175 shares, a decrease of 62.8% from the July 15th total of 21,984 shares. Based on an average daily volume of 37,659 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the first quarter valued at about $26,000. Allworth Financial LP bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth about $30,000. Thomas J. Herzfeld Advisors Inc. acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $45,000. Kestra Advisory Services LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $119,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at approximately $197,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.39 during mid-day trading on Friday, reaching $53.37. The company had a trading volume of 27,727 shares, compared to its average volume of 52,026. The business has a fifty day simple moving average of $50.81 and a 200 day simple moving average of $50.71. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $41.54 and a fifty-two week high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a c) annualized dividend and a dividend yield of 9.2%.

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.