Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Drops By 91.5%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large drop in short interest in August. As of August 15th, there was short interest totalling 1,500 shares, a drop of 91.5% from the July 31st total of 17,700 shares. Based on an average daily trading volume, of 29,300 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently made changes to their positions in the company. Chicago Partners Investment Group LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $203,000. Virtu Financial LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at approximately $206,000. Pasadena Private Wealth LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at approximately $223,000. Robinson Capital Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at approximately $473,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 47.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock valued at $532,000 after acquiring an additional 4,190 shares during the period.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE EMO traded down $0.51 during trading hours on Tuesday, hitting $39.84. The company’s stock had a trading volume of 11,811 shares, compared to its average volume of 26,750. The company’s 50 day simple moving average is $40.39 and its two-hundred day simple moving average is $40.24. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $29.31 and a 12 month high of $43.76.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.73%.

About ClearBridge Energy Midstream Opportunity Fund

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.