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

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

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.1%

EMO stock opened at $52.35 on Monday. The company has a 50 day simple moving average of $51.05 and a 200 day simple moving average of $47.80. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $41.54 and a 1 year high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

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

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 1st quarter valued at approximately $26,000. Thomas J. Herzfeld Advisors Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $45,000. First Community Trust NA acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $69,000. Kestra Advisory Services LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $119,000. Finally, Private Advisor Group LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 1st quarter valued at approximately $223,000.

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.