Short Interest in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Decreases By 16.3%

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 12,300 shares, a decrease of 16.3% from the February 28th total of 14,700 shares. Based on an average trading volume of 42,800 shares, the short-interest ratio is currently 0.3 days.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 9,704 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth $42,000. Hobbs Group Advisors LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter worth $68,000. Noble Wealth Management PBC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $157,000. Stephens Inc. AR purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $204,000. Finally, Laird Norton Wetherby Wealth Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at about $211,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 3.9 %

EMO traded down $1.96 during midday trading on Thursday, hitting $48.66. The company had a trading volume of 49,572 shares, compared to its average volume of 37,122. The stock’s 50 day moving average price is $49.14 and its 200 day moving average price is $46.95. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $36.71 and a 52 week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.36 per share. This represents a yield of 8.69%. The ex-dividend date was Monday, March 24th.

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.