Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Grows By 164.3%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 3,700 shares, an increase of 164.3% from the March 15th total of 1,400 shares. Based on an average daily trading volume, of 25,200 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Institutional investors have recently made changes to their positions in the stock. Comerica Bank bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at approximately $28,000. PNC Financial Services Group Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter valued at approximately $33,000. Quarry LP bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter valued at approximately $107,000. Chicago Partners Investment Group LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at approximately $203,000. Finally, Virtu Financial LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at approximately $206,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of ClearBridge Energy Midstream Opportunity Fund stock opened at $40.80 on Thursday. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $26.42 and a fifty-two week high of $41.99. The business has a 50-day moving average price of $38.23 and a 200 day moving average price of $34.94.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 22nd were issued a $0.67 dividend. This is a positive change from ClearBridge Energy Midstream Opportunity Fund’s previous quarterly dividend of $0.65. This represents a $2.68 annualized dividend and a yield of 6.57%. The ex-dividend date was Wednesday, February 21st.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.