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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 72,200 shares, a growth of 278.0% from the October 31st total of 19,100 shares. Based on an average daily trading volume, of 43,400 shares, the short-interest ratio is currently 1.7 days.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.4 %

EMO traded up $0.69 on Friday, reaching $50.49. 51,174 shares of the company traded hands, compared to its average volume of 31,651. ClearBridge Energy Midstream Opportunity Fund has a one year low of $32.21 and a one year high of $50.60. The firm has a fifty day simple moving average of $44.72 and a two-hundred day simple moving average of $42.25.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $3.96 annualized dividend and a dividend yield of 7.84%.

Insiders Place Their Bets

In related news, insider Franklin Resources Inc sold 8,467 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total transaction of $369,923.23. Following the completion of the transaction, the insider now directly owns 51,019 shares of the company’s stock, valued at approximately $2,229,020.11. The trade was a 14.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 24,024 shares of company stock valued at $1,051,375 in the last three months.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently modified their holdings of the business. Gilliland Jeter Wealth Management LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $31,000. Bogart Wealth LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $37,000. Hobbs Group Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $68,000. Activest Wealth Management bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $95,000. Finally, Eagle Bay Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $161,000.

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.