Time to Reconsider Clearbridge Energy Mlp Opportuni (NYSE:EMO) After More Short Sellers?

September 17, 2017 - By Dolores Ford

 Time to Reconsider Clearbridge Energy Mlp Opportuni (NYSE:EMO) After More Short Sellers?

Investors sentiment increased to 1.8 in 2016 Q4. Its up 0.30, from 1.5 in 2016Q3. It improved, 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.
43,141 are owned by Doliver Cap Advsr Inc. Benjamin F Edwards And reported 2,684 shares. Clearbridge Invests Ltd Liability invested in 0% or 15,700 shares. Wells Fargo And Com Mn stated it has 496,182 shares or 0% of all its holdings. Seabridge Inv Advisors Limited Liability accumulated 0.32% or 101,480 shares. Stifel Corp has 0% invested in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO) for 22,267 shares. Stephens Inc Ar owns 12,692 shares for 0.01% of their portfolio. Merriman Wealth Ltd Liability reported 46,804 shares. Goldman Sachs Group Incorporated has 10,684 shares for 0% of their portfolio. Raymond James Services Advisors Inc reported 35,508 shares or 0% of all its holdings. Montana-based Da Davidson & has invested 0% in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO). Comml Bank Of America Corp De has invested 0% in ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO). Fincl Architects Incorporated accumulated 509 shares. National Bank & Trust Of Montreal Can invested in 0% or 1,000 shares. Lpl Financial Ltd reported 0% stake.

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

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