ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) Sees Large Increase in Short Interest

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 4,000 shares, an increase of 66.7% from the March 31st total of 2,400 shares. Based on an average trading volume of 12,700 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On ClearBridge MLP and Midstream Total Return Fund

Hedge funds have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC lifted its stake in ClearBridge MLP and Midstream Total Return Fund by 223.0% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 17,986 shares of the investment management company’s stock valued at $746,000 after buying an additional 12,417 shares in the last quarter. Quarry LP lifted its stake in ClearBridge MLP and Midstream Total Return Fund by 138.4% in the 4th quarter. Quarry LP now owns 25,493 shares of the investment management company’s stock valued at $924,000 after buying an additional 14,800 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in ClearBridge MLP and Midstream Total Return Fund by 3.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 13,615 shares of the investment management company’s stock valued at $493,000 after buying an additional 449 shares in the last quarter. Robinson Capital Management LLC purchased a new position in ClearBridge MLP and Midstream Total Return Fund in the 4th quarter valued at about $150,000. Finally, Kayne Anderson Capital Advisors LP purchased a new position in ClearBridge MLP and Midstream Total Return Fund in the 4th quarter valued at about $192,000.

ClearBridge MLP and Midstream Total Return Fund Price Performance

CTR stock opened at $41.68 on Friday. The company’s 50-day simple moving average is $40.24 and its 200-day simple moving average is $36.31. ClearBridge MLP and Midstream Total Return Fund has a 52-week low of $27.47 and a 52-week high of $42.61.

About ClearBridge MLP and Midstream Total Return Fund

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