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 recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,000 shares, a growth of 66.7% from the March 31st total of 2,400 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is presently 0.3 days.

ClearBridge MLP and Midstream Total Return Fund Stock Up 0.2 %

Shares of CTR stock opened at $41.68 on Friday. ClearBridge MLP and Midstream Total Return Fund has a 12-month low of $27.47 and a 12-month high of $42.61. The stock’s 50-day moving average price is $40.24 and its 200-day moving average price is $36.31.

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

Several large investors have recently made changes to their positions in CTR. Saba Capital Management L.P. increased its stake in ClearBridge MLP and Midstream Total Return Fund by 15.6% during the third quarter. Saba Capital Management L.P. now owns 1,028,258 shares of the investment management company’s stock worth $32,976,000 after acquiring an additional 138,434 shares during the last quarter. Advisors Asset Management Inc. increased its stake in ClearBridge MLP and Midstream Total Return Fund by 11.4% during the third quarter. Advisors Asset Management Inc. now owns 257,634 shares of the investment management company’s stock worth $8,262,000 after acquiring an additional 26,463 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. increased its stake in ClearBridge MLP and Midstream Total Return Fund by 25.0% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 80,118 shares of the investment management company’s stock worth $2,569,000 after acquiring an additional 16,008 shares during the last quarter. Clough Capital Partners L P increased its stake in ClearBridge MLP and Midstream Total Return Fund by 89.1% during the third quarter. Clough Capital Partners L P now owns 48,775 shares of the investment management company’s stock worth $1,564,000 after acquiring an additional 22,975 shares during the last quarter. Finally, Delphi Financial Group Inc. bought a new stake in ClearBridge MLP and Midstream Total Return Fund during the fourth quarter worth approximately $931,000.

ClearBridge MLP and Midstream Total Return Fund Company Profile

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.