Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Declines By 33.3%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 21,890 shares, a decline of 33.3% from the January 29th total of 32,796 shares. Based on an average trading volume of 44,758 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 44,758 shares, the short-interest ratio is presently 0.5 days.

ClearBridge Energy Midstream Opportunity Fund Stock Up 0.8%

Shares of EMO traded up $0.43 during midday trading on Friday, reaching $51.68. 56,938 shares of the stock were exchanged, compared to its average volume of 58,191. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $39.65 and a twelve month high of $51.87. The business’s 50-day moving average price is $47.39 and its 200 day moving average price is $45.75.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a $0.36 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 8.4%.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of hedge funds have recently modified their holdings of EMO. Papamarkou Wellner Asset Management inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth approximately $214,000. EP Wealth Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $13,637,000. Cetera Investment Advisers boosted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 13.5% in the fourth quarter. Cetera Investment Advisers now owns 10,585 shares of the investment management company’s stock valued at $473,000 after acquiring an additional 1,260 shares in the last quarter. &PARTNERS increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 38.8% during the fourth quarter. &PARTNERS now owns 6,373 shares of the investment management company’s stock worth $285,000 after acquiring an additional 1,783 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth about $119,000.

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.