Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Increases By 78.3%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 9,336 shares, an increase of 78.3% from the April 15th total of 5,237 shares. Based on an average daily volume of 60,469 shares, the days-to-cover ratio is presently 0.2 days.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.0%

Shares of EMO stock opened at $52.78 on Wednesday. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $41.54 and a 52 week high of $54.90. The company’s fifty day simple moving average is $51.07 and its two-hundred day simple moving average is $47.94.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be paid a $0.36 dividend. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a yield of 8.2%.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently made changes to their positions in the business. Sound Income Strategies LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at about $26,000. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $45,000. First Community Trust NA purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $69,000. Kestra Advisory Services LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $119,000. Finally, Private Advisor Group LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at about $223,000.

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.