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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 21,984 shares, an increase of 65.1% from the June 30th total of 13,312 shares. Based on an average trading volume of 43,351 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several institutional investors have recently bought and sold shares of EMO. Sound Income Strategies LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the first quarter worth about $26,000. Thomas J. Herzfeld Advisors Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth approximately $45,000. First Community Trust NA purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $69,000. Kestra Advisory Services LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $119,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth $189,000.

ClearBridge Energy Midstream Opportunity Fund Stock Up 1.1%

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.57 during trading on Friday, hitting $51.61. The company had a trading volume of 38,465 shares, compared to its average volume of 53,410. ClearBridge Energy Midstream Opportunity Fund has a 1-year low of $41.54 and a 1-year high of $54.90. The company’s 50 day simple moving average is $50.51 and its 200-day simple moving average is $50.35.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.