ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Update

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 23,500 shares, an increase of 273.0% from the December 31st total of 6,300 shares. Based on an average daily volume of 48,300 shares, the days-to-cover ratio is currently 0.5 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of EMO stock traded up $0.59 during midday trading on Wednesday, hitting $50.00. 1,918 shares of the company were exchanged, compared to its average volume of 50,118. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $35.00 and a 52 week high of $51.87. The firm’s 50 day moving average price is $47.98 and its two-hundred day moving average price is $44.10.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 27th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a dividend yield of 7.75%.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $46.04, for a total value of $101,702.36. Following the sale, the insider now owns 28,000 shares in the company, valued at $1,289,120. This represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Several hedge funds and other institutional investors have recently bought and sold shares of EMO. Gilliland Jeter Wealth Management LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $31,000. Bogart Wealth LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $37,000. Hobbs Group Advisors LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $68,000. Activest Wealth Management bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth $95,000. Finally, Eagle Bay Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $161,000.

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.