ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Down 51.1% in December

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 6,102 shares, a drop of 51.1% from the December 15th total of 12,467 shares. Based on an average daily volume of 54,697 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 54,697 shares, the short-interest ratio is currently 0.1 days.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.5%

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.69 during midday trading on Friday, reaching $47.23. The company’s stock had a trading volume of 98,988 shares, compared to its average volume of 72,808. The stock’s 50-day simple moving average is $44.51 and its 200-day simple moving average is $45.41. ClearBridge Energy Midstream Opportunity Fund has a 52-week low of $39.65 and a 52-week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.36 dividend. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, February 20th.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently modified their holdings of the stock. Allworth Financial LP purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth $29,000. Thompson Investment Management Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the second quarter worth about $32,000. Motco purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at about $42,000. First Community Trust NA acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at about $69,000. Finally, Susquehanna International Group LLP acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $258,000.

About ClearBridge Energy Midstream Opportunity Fund

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.