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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 12,537 shares, a growth of 53.4% from the July 30th total of 8,175 shares. Based on an average trading volume of 32,003 shares, the days-to-cover ratio is currently 0.4 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.24 during trading on Tuesday, reaching $55.02. 7,272 shares of the company were exchanged, compared to its average volume of 50,963. ClearBridge Energy Midstream Opportunity Fund has a 52-week low of $41.54 and a 52-week high of $55.69. The stock’s 50 day simple moving average is $51.88 and its two-hundred day simple moving average is $51.23.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be paid 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%.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at approximately $26,000. Allworth Financial LP purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at $30,000. Thomas J. Herzfeld Advisors Inc. acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $45,000. Kestra Advisory Services LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $119,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth $197,000.

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.