ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Update

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Rating) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 13,800 shares, a decline of 63.5% from the April 15th total of 37,800 shares. Based on an average trading volume of 58,800 shares, the days-to-cover ratio is presently 0.2 days.

Shares of EMO stock opened at $25.78 on Thursday. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $19.45 and a 1 year high of $31.30. The firm’s fifty day simple moving average is $27.74 and its 200 day simple moving average is $25.10.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 31st. Shareholders of record on Monday, May 23rd will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 7.76%. The ex-dividend date of this dividend is Friday, May 20th. This is a positive change from ClearBridge Energy Midstream Opportunity Fund’s previous quarterly dividend of $0.39.

A number of institutional investors have recently made changes to their positions in the business. Advisor Group Holdings Inc. lifted its position in ClearBridge Energy Midstream Opportunity Fund by 2.5% during the 3rd quarter. Advisor Group Holdings Inc. now owns 21,507 shares of the investment management company’s stock valued at $472,000 after purchasing an additional 526 shares during the period. Invesco Ltd. lifted its position in ClearBridge Energy Midstream Opportunity Fund by 6.2% during the 3rd quarter. Invesco Ltd. now owns 39,691 shares of the investment management company’s stock valued at $867,000 after purchasing an additional 2,323 shares during the period. Matisse Capital increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 12.7% in the 1st quarter. Matisse Capital now owns 31,092 shares of the investment management company’s stock valued at $877,000 after acquiring an additional 3,504 shares during the last quarter. Moors & Cabot Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $450,000. Finally, Raymond James & Associates increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 31.1% in the 3rd quarter. Raymond James & Associates now owns 27,298 shares of the investment management company’s stock valued at $596,000 after acquiring an additional 6,469 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Company Profile (Get Rating)

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.

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