Loot Midget Psychos are Loot Midget variants of Psychos in Borderlands 2. They appear very rarely by springing out from lootable objects in some areas populated by bandits.
*Sawtooth Cauldron is the only know spawn location for Loot Midget Psychos.
*In Normal and True Vault Hunter Mode their name remains unchanged, while in Ultimate Vault Hunter Mode they are renamed Legendary Loot Midget Psycho.
Loot Midget Psychos are smaller versions of their bigger cousins, and act in combat situations just as they do. If they lose aggro, they will start roaming around scanning the area for any loot that might be laying around.
When killed, a Loot Midget Psycho will drop several piles of money, various kinds of ammunition and a number of items.