ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Short Interest Down 81.6% in November

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 13,300 shares, a decline of 81.6% from the November 15th total of 72,200 shares. Based on an average daily volume of 50,500 shares, the short-interest ratio is currently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of NYSE EMO traded down $0.24 during midday trading on Thursday, reaching $47.37. 31,940 shares of the company were exchanged, compared to its average volume of 32,635. The stock’s 50-day moving average price is $45.92 and its 200-day moving average price is $42.62. ClearBridge Energy Midstream Opportunity Fund has a one year low of $32.21 and a one year high of $50.73.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $3.96 dividend on an annualized basis and a yield of 8.36%.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 8,467 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total transaction of $369,923.23. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 26,634 shares of company stock worth $1,175,167 over the last three months.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several large investors have recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $31,000. Bogart Wealth LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at $37,000. Hobbs Group Advisors LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $68,000. Activest Wealth Management bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $95,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at about $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.