ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 69.0% in February

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 14,700 shares, a growth of 69.0% from the February 13th total of 8,700 shares. Based on an average daily trading volume, of 45,100 shares, the short-interest ratio is currently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO traded up $0.70 during trading hours on Friday, reaching $47.85. 46,672 shares of the company’s stock traded hands, compared to its average volume of 36,450. The business’s fifty day simple moving average is $48.90 and its two-hundred day simple moving average is $46.04. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $36.71 and a twelve month high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

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

Insiders Place Their Bets

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $46.04, for a total value of $101,702.36. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EMO. Raymond James Financial Inc. acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $29,885,000. Advisors Asset Management Inc. boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 274.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 670,952 shares of the investment management company’s stock valued at $28,314,000 after purchasing an additional 491,725 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $13,024,000. Proficio Capital Partners LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $6,504,000. Finally, Stifel Financial Corp acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $4,542,000.

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.