Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Rises By 183.0%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 35,479 shares, an increase of 183.0% from the August 15th total of 12,537 shares. Based on an average daily trading volume, of 40,288 shares, the short-interest ratio is currently 0.9 days.

ClearBridge Energy Midstream Opportunity Fund Trading Up 0.1%

NYSE:EMO opened at $54.99 on Friday. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $41.54 and a 12 month high of $56.33. The firm has a fifty day simple moving average of $52.89 and a 200-day simple moving average of $51.51.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

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

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

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

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.