ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Sees Large Decline in Short Interest

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 18,350 shares, a decline of 16.2% from the February 12th total of 21,890 shares. Based on an average daily volume of 61,310 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 61,310 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. increased its holdings in ClearBridge Energy Midstream Opportunity Fund by 3.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 39,767 shares of the investment management company’s stock worth $1,776,000 after purchasing an additional 1,429 shares during the period. Papamarkou Wellner Asset Management inc. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at about $214,000. EP Wealth Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth about $13,637,000. Cetera Investment Advisers raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 13.5% in the fourth quarter. Cetera Investment Advisers now owns 10,585 shares of the investment management company’s stock valued at $473,000 after acquiring an additional 1,260 shares in the last quarter. Finally, &PARTNERS grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 38.8% during the 4th quarter. &PARTNERS now owns 6,373 shares of the investment management company’s stock worth $285,000 after acquiring an additional 1,783 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Price Performance

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.15 during mid-day trading on Tuesday, reaching $52.41. 42,626 shares of the company’s stock were exchanged, compared to its average volume of 58,191. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $39.65 and a twelve month high of $53.99. The company has a fifty day moving average of $49.21 and a 200-day moving average of $46.10.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be paid a $0.36 dividend. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Thursday, May 21st.

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.