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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 12,300 shares, a decrease of 16.3% from the February 28th total of 14,700 shares. Based on an average trading volume of 42,800 shares, the short-interest ratio is presently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of EMO stock traded up $0.53 on Wednesday, hitting $50.45. The stock had a trading volume of 40,053 shares, compared to its average volume of 37,066. The business has a 50 day moving average of $49.14 and a 200 day moving average of $46.95. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $36.71 and a 12-month high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.36 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 8.69%.

Insider Buying and Selling

In related news, insider Franklin Resources Inc sold 9,704 shares of the stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several hedge funds have recently modified their holdings of EMO. Raymond James Financial Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth $29,885,000. EP Wealth Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at $13,024,000. Wells Fargo & Company MN raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 1.0% during the 4th quarter. Wells Fargo & Company MN now owns 188,815 shares of the investment management company’s stock worth $8,787,000 after purchasing an additional 1,795 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth about $6,504,000. Finally, Stifel Financial Corp bought a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at about $4,542,000.

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.