Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Short Interest Update

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 37,700 shares, an increase of 115.4% from the February 13th total of 17,500 shares. Based on an average daily volume of 51,600 shares, the days-to-cover ratio is presently 0.7 days.

Insider Activity at Columbia Seligman Premium Technology Growth Fund

In other news, Director Pamela G. Carlton sold 2,256 shares of Columbia Seligman Premium Technology Growth Fund stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $28.98, for a total transaction of $65,378.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of STK. Wilmington Savings Fund Society FSB purchased a new position in Columbia Seligman Premium Technology Growth Fund during the third quarter worth about $61,000. Thomas J. Herzfeld Advisors Inc. lifted its position in shares of Columbia Seligman Premium Technology Growth Fund by 16.7% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 3,997 shares of the company’s stock worth $128,000 after buying an additional 572 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Columbia Seligman Premium Technology Growth Fund by 5.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 9,008 shares of the company’s stock worth $288,000 after buying an additional 483 shares during the last quarter. Compass Planning Associates Inc bought a new position in shares of Columbia Seligman Premium Technology Growth Fund in the fourth quarter valued at approximately $326,000. Finally, Capital Market Strategies LLC increased its position in shares of Columbia Seligman Premium Technology Growth Fund by 3.2% during the fourth quarter. Capital Market Strategies LLC now owns 11,526 shares of the company’s stock valued at $368,000 after acquiring an additional 356 shares during the last quarter.

Columbia Seligman Premium Technology Growth Fund Stock Up 1.7 %

Shares of NYSE STK opened at $29.14 on Friday. Columbia Seligman Premium Technology Growth Fund has a fifty-two week low of $28.50 and a fifty-two week high of $36.30. The firm’s 50-day simple moving average is $32.01 and its 200 day simple moving average is $32.72.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Tuesday, February 18th were issued a $0.4625 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 6.35%.

Columbia Seligman Premium Technology Growth Fund Company Profile

Columbia Seligman Premium Technology Growth Fund is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets. The fund seeks to invest in stocks of companies operating in the technology sector. It primarily invests in growth stocks of companies.