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

by · The Cerbat Gem

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 19,100 shares, a growth of 172.9% from the October 15th total of 7,000 shares. Based on an average daily volume of 38,100 shares, the short-interest ratio is currently 0.5 days.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 8,467 shares of the company’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $43.69, for a total value of $369,923.23. Following the completion of the sale, the insider now directly owns 51,019 shares in the company, valued at approximately $2,229,020.11. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders sold 24,024 shares of company stock worth $1,051,375.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew 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 worth $28,314,000 after buying an additional 491,725 shares during the last quarter. Alpine Global Management LLC grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 42.2% in the first quarter. Alpine Global Management LLC now owns 90,000 shares of the investment management company’s stock worth $3,655,000 after purchasing an additional 26,700 shares during the last quarter. Landscape Capital Management L.L.C. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 598.2% during the third quarter. Landscape Capital Management L.L.C. now owns 69,516 shares of the investment management company’s stock worth $2,934,000 after purchasing an additional 59,560 shares in the last quarter. Delphi Financial Group Inc. acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth $2,648,000. Finally, Oxbow Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $2,186,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

ClearBridge Energy Midstream Opportunity Fund stock opened at $46.74 on Wednesday. The business has a fifty day moving average of $42.81 and a two-hundred day moving average of $41.66. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $32.07 and a twelve month high of $47.40.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be given a dividend of $0.33 per share. This represents a $3.96 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Thursday, November 21st.

ClearBridge Energy Midstream Opportunity Fund Company Profile

(Get Free Report)

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.

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