What’s Propelling Clearbridge Energy Mlp Opportuni (NYSE:EMO) After Higher Shorts Reported?

September 17, 2017 - By Nellie Frank

 What’s Propelling Clearbridge Energy Mlp Opportuni (NYSE:EMO) After Higher Shorts Reported?

Investors sentiment increased to 1.8 in Q4 2016. Its up 0.30, from 1.5 in 2016Q3. It is positive, as 0 investors sold ClearBridge Energy MLP Opp Fund Inc shares while 10 reduced holdings. 8 funds opened positions while 10 raised stakes. 6.41 million shares or 0.49% less from 6.45 million shares in 2016Q3 were reported.
Stephens Inc Ar holds 0.01% or 12,692 shares in its portfolio. Stifel Financial holds 0% of its portfolio in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO) for 22,267 shares. Us Bancshares De has invested 0% in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO). Raymond James Fincl Ser Inc holds 35,508 shares or 0% of its portfolio. Clearbridge Investments Limited Liability Company accumulated 15,700 shares. Bancshares Of Montreal Can holds 1,000 shares. Guggenheim Limited Liability Corp owns 528,881 shares. Asset Mngmt holds 725,597 shares or 0.16% of its portfolio. Lpl Finance Limited Liability Corporation accumulated 31,075 shares. Goldman Sachs Group, a New York-based fund reported 10,684 shares. Royal Savings Bank Of Canada stated it has 0% of its portfolio in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO). Fincl Architects has 509 shares. Cohen Steers owns 82,257 shares or 0% of their US portfolio. Terril Brothers holds 2.58% or 564,271 shares in its portfolio. Merriman Wealth Management Ltd Company stated it has 0.17% in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO).

The stock of Clearbridge Energy Mlp Opportuni (NYSE:EMO) registered an increase of 33.62% in short interest. EMO’s total short interest was 77,900 shares in September as published by FINRA. Its up 33.62% from 58,300 shares, reported previously. With 99,300 shares average volume, it will take short sellers 1 days to cover their EMO’s short positions.

The stock decreased 0.67% or $0.08 on September 15, reaching $11.9. About 79,037 shares traded. ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO) has risen 7.51% since September 17, 2016 and is uptrending. It has underperformed by 9.19% the S&P500.

ClearBridge Energy MLP Opportunity Fund Inc. is a non-diversified, closed-end management investment company. The company has market cap of $371.23 million. The Fund’s investment objective is to provide long-term investors a high level of total return with an emphasis on cash distributions. It currently has negative earnings. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

More recent ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO) news were published by: Seekingalpha.com which released: “A Performance Review Of Another 8 High Dividend MLP CEFs: All Eligible For One …” on February 22, 2017. Also Gurufocus.com published the news titled: “Sit Investment Associates Inc Buys Allergan PLC, Oracle Corp, ClearBridge …” on July 19, 2017. Seekingalpha.com‘s news article titled: “Reviewing CEFs That Focus On MLPs: Avoiding The Dreaded K-1” with publication date: February 17, 2017 was also an interesting one.

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