ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) Short Interest Up 148.3% in December

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 7,200 shares, a growth of 148.3% from the December 15th total of 2,900 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is presently 0.3 days.

Shares of CTR stock opened at $26.72 on Friday. ClearBridge MLP and Midstream Total Return Fund has a 1 year low of $15.72 and a 1 year high of $28.51. The stock has a fifty day moving average of $24.58 and a two-hundred day moving average of $24.35.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 30th. Shareholders of record on Monday, November 22nd were paid a $0.42 dividend. The ex-dividend date of this dividend was Friday, November 19th. This represents a $1.68 dividend on an annualized basis and a yield of 6.29%.

Large investors have recently made changes to their positions in the stock. Private Advisor Group LLC raised its holdings in shares of ClearBridge MLP and Midstream Total Return Fund by 145.2% in the 3rd quarter. Private Advisor Group LLC now owns 58,854 shares of the investment management company’s stock worth $1,413,000 after buying an additional 34,854 shares in the last quarter. Sit Investment Associates Inc. boosted its position in ClearBridge MLP and Midstream Total Return Fund by 45.1% in the 2nd quarter. Sit Investment Associates Inc. now owns 85,914 shares of the investment management company’s stock valued at $2,180,000 after buying an additional 26,712 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of ClearBridge MLP and Midstream Total Return Fund by 164.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 42,819 shares of the investment management company’s stock worth $1,086,000 after purchasing an additional 26,619 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of ClearBridge MLP and Midstream Total Return Fund by 11.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 244,130 shares of the investment management company’s stock worth $5,859,000 after purchasing an additional 24,207 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of ClearBridge MLP and Midstream Total Return Fund by 155.0% in the 3rd quarter. Invesco Ltd. now owns 28,278 shares of the investment management company’s stock worth $679,000 after purchasing an additional 17,190 shares during the last quarter.

About ClearBridge MLP and Midstream Total Return Fund

ClearBridge MLP & Midstream Total Return Fund, Inc operates as a non-diversified and closed-end management investment company. It offers total-return oriented portfolio of primarily energy master limited partnerships (MLPs) and midstream entities. It also engages in the provision of the opportunity for attractive, tax-deferred distributions with a combined emphasis on capital appreciation.

Further Reading: Producer Price Index (PPI)

Receive News & Ratings for ClearBridge MLP and Midstream Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge MLP and Midstream Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.