ClearBridge Energy MLP Fund Inc (NYSE:CEM) was the target of a large decline in short interest in December. As of December 29th, there was short interest totalling 213,080 shares, a decline of 58.6% from the December 15th total of 514,342 shares. Based on an average daily trading volume, of 647,332 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short.

In related news, insider Chris Eades bought 1,830 shares of ClearBridge Energy MLP Fund stock in a transaction on Monday, December 11th. The stock was acquired at an average price of $13.71 per share, with a total value of $25,089.30. Following the acquisition, the insider now directly owns 6,430 shares of the company’s stock, valued at $88,155.30. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Several institutional investors and hedge funds have recently modified their holdings of CEM. Sit Investment Associates Inc. boosted its position in shares of ClearBridge Energy MLP Fund by 12.8% during the 4th quarter. Sit Investment Associates Inc. now owns 1,393,775 shares of the investment management company’s stock valued at $21,283,000 after acquiring an additional 158,443 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of ClearBridge Energy MLP Fund by 11.0% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,062,708 shares of the investment management company’s stock valued at $15,771,000 after acquiring an additional 105,216 shares during the last quarter. Terril Brothers Inc. boosted its position in shares of ClearBridge Energy MLP Fund by 15.9% during the 3rd quarter. Terril Brothers Inc. now owns 703,653 shares of the investment management company’s stock valued at $10,442,000 after acquiring an additional 96,320 shares during the last quarter. NorthRock Partners LLC boosted its position in shares of ClearBridge Energy MLP Fund by 6.1% during the 2nd quarter. NorthRock Partners LLC now owns 1,300,143 shares of the investment management company’s stock valued at $19,855,000 after acquiring an additional 74,878 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of ClearBridge Energy MLP Fund by 19.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 423,454 shares of the investment management company’s stock valued at $6,284,000 after acquiring an additional 68,807 shares during the last quarter.

Shares of ClearBridge Energy MLP Fund (NYSE:CEM) opened at $16.65 on Thursday. ClearBridge Energy MLP Fund has a 12-month low of $12.10 and a 12-month high of $17.96.

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About ClearBridge Energy MLP Fund

ClearBridge Energy MLP Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

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