ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Up 17.8% in June

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 11,900 shares, a growth of 17.8% from the May 31st total of 10,100 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EMO. Pasadena Private Wealth LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $223,000. Chicago Partners Investment Group LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $203,000. Virtu Financial LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth about $206,000. Blue Bell Private Wealth Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at about $272,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 47.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock worth $532,000 after acquiring an additional 4,190 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Down 0.7 %

EMO opened at $41.22 on Friday. The firm’s fifty day simple moving average is $41.74 and its 200 day simple moving average is $38.59. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $29.28 and a 12 month high of $43.76.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $2.68 annualized dividend and a dividend yield of 6.50%.

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.