ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Stock Short Interest Report for October

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 10,470 shares, a drop of 69.2% from the September 30th total of 34,048 shares. Based on an average daily trading volume, of 40,954 shares, the short-interest ratio is presently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE:EMO traded up $0.41 during mid-day trading on Friday, reaching $54.38. The stock had a trading volume of 53,049 shares, compared to its average volume of 48,811. The firm has a 50 day moving average price of $52.76 and a two-hundred day moving average price of $51.10. ClearBridge Energy Midstream Opportunity Fund has a one year low of $41.54 and a one year high of $56.33.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared 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 $4.92 annualized dividend and a dividend yield of 9.0%.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently made changes to their positions in the business. EP Wealth Advisors LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $14,903,000. Royal Bank of Canada grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 0.9% during the first quarter. Royal Bank of Canada now owns 270,443 shares of the investment management company’s stock valued at $14,284,000 after buying an additional 2,281 shares during the last quarter. Bank of America Corp DE bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter valued at about $9,772,000. Oxbow Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the second quarter worth about $2,930,000. Finally, Blue Bell Private Wealth Management LLC increased its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.0% in the third quarter. Blue Bell Private Wealth Management LLC now owns 49,204 shares of the investment management company’s stock worth $2,466,000 after buying an additional 480 shares during the period.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy Midstream Opportunity Fund, Inc is a non-diversified, closed-end investment company listed on the New York Stock Exchange under the symbol EMO. The fund seeks to provide investors with current income and total return by investing primarily in companies involved in the energy midstream sector.

Its portfolio generally focuses on master limited partnerships, limited liability companies and corporations that own or operate energy infrastructure. These businesses may be involved in gathering, processing, transporting, storing and marketing crude oil, natural gas, natural gas liquids and other energy commodities.