ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Sees Large Growth in Short Interest

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 7,400 shares, an increase of 100.0% from the March 31st total of 3,700 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is currently 0.3 days.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO traded up $0.07 during midday trading on Friday, hitting $41.37. The company’s stock had a trading volume of 16,611 shares, compared to its average volume of 24,611. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $26.42 and a fifty-two week high of $41.99. The firm’s 50 day moving average is $39.35 and its 200-day moving average is $35.73.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Bell Private Wealth Management LLC boosted its position in ClearBridge Energy Midstream Opportunity Fund by 286.7% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 30,118 shares of the investment management company’s stock worth $1,223,000 after purchasing an additional 22,329 shares in the last quarter. Pasadena Private Wealth LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 1st quarter worth approximately $223,000. Wealth Enhancement Advisory Services LLC boosted its position in ClearBridge Energy Midstream Opportunity Fund by 47.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock worth $532,000 after purchasing an additional 4,190 shares in the last quarter. Virtu Financial LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth approximately $206,000. Finally, Chicago Partners Investment Group LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth approximately $203,000.

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.