ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 53.4% in August

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 12,537 shares, an increase of 53.4% from the July 30th total of 8,175 shares. Based on an average daily volume of 32,003 shares, the days-to-cover ratio is currently 0.4 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of NYSE:EMO opened at $55.58 on Thursday. The firm has a 50 day moving average of $52.14 and a 200-day moving average of $51.32. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $41.54 and a 12 month high of $56.19.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a c) annualized dividend and a yield of 8.9%.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several hedge funds have recently modified their holdings of the company. Cetera Investment Advisers grew its position in ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock worth $442,000 after acquiring an additional 761 shares during the last quarter. JPMorgan Chase & Co. raised its position in ClearBridge Energy Midstream Opportunity Fund by 9.0% in the second quarter. JPMorgan Chase & Co. now owns 11,934 shares of the investment management company’s stock valued at $572,000 after purchasing an additional 990 shares during the last quarter. Invesco Ltd. boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the second quarter. Invesco Ltd. now owns 58,066 shares of the investment management company’s stock valued at $2,785,000 after purchasing an additional 4,778 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 1.5% during the second quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock valued at $856,000 after purchasing an additional 269 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 1.7% during the 2nd quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock worth $31,227,000 after acquiring an additional 11,188 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.