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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the recipient of a large 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.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of NYSE EMO traded up $0.31 during trading on Tuesday, reaching $49.93. The company had a trading volume of 83,405 shares, compared to its average volume of 36,963. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $36.71 and a twelve month high of $51.87. The stock has a 50-day moving average price of $49.18 and a two-hundred day moving average price of $46.86.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a $0.36 dividend. This represents a yield of 8.69%. The ex-dividend date of this dividend is Monday, March 24th.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 9,704 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was 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 accessible through this hyperlink.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $42,000. Hobbs Group Advisors LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth approximately $68,000. Noble Wealth Management PBC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $157,000. Stephens Inc. AR purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth $204,000. Finally, Laird Norton Wetherby Wealth Management LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter worth $211,000.

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.