ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Update

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 8,700 shares, a drop of 56.1% from the January 31st total of 19,800 shares. Based on an average trading volume of 46,300 shares, the short-interest ratio is currently 0.2 days.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $46.04, for a total value of $101,702.36. Following the completion of the transaction, the insider now directly owns 28,000 shares of the company’s stock, valued at $1,289,120. This trade represents a 7.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several hedge funds have recently bought and sold shares of EMO. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at $42,000. Hobbs Group Advisors LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at $68,000. Activest Wealth Management purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at about $95,000. Noble Wealth Management PBC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth about $157,000. Finally, Stephens Inc. AR bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $204,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

ClearBridge Energy Midstream Opportunity Fund stock traded up $0.90 during midday trading on Friday, hitting $49.16. 38,646 shares of the company’s stock were exchanged, compared to its average volume of 43,245. The stock has a 50-day moving average price of $48.63 and a two-hundred day moving average price of $45.60. 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 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be given a $0.36 dividend. This is a boost from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33. The ex-dividend date is Monday, March 24th.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.