ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 78.3% in April

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 9,336 shares, a growth of 78.3% from the April 15th total of 5,237 shares. Based on an average daily trading volume, of 60,469 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in ClearBridge Energy Midstream Opportunity Fund by 87.0% during the 1st quarter. Cetera Investment Advisers now owns 19,792 shares of the investment management company’s stock worth $1,045,000 after purchasing an additional 9,207 shares in the last quarter. Calamos Advisors LLC increased its position in ClearBridge Energy Midstream Opportunity Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 16,296 shares of the investment management company’s stock worth $861,000 after purchasing an additional 1,940 shares in the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $229,000. NWF Advisory Services Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $267,000. Finally, Fifth Third Bancorp acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $464,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of NYSE:EMO opened at $52.35 on Monday. The firm has a 50 day moving average of $51.05 and a 200-day moving average of $47.80. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $41.54 and a 12 month high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a $0.36 dividend. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 8.3%.

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.