Short Interest in Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Rises By 125.5%

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 41,500 shares, a growth of 125.5% from the August 15th total of 18,400 shares. Based on an average daily volume of 32,300 shares, the days-to-cover ratio is currently 1.3 days.

Columbia Seligman Premium Technology Growth Fund Stock Up 1.0 %

Shares of NYSE STK opened at $32.10 on Friday. Columbia Seligman Premium Technology Growth Fund has a twelve month low of $24.95 and a twelve month high of $34.60. The business has a fifty day simple moving average of $32.46 and a two-hundred day simple moving average of $32.21.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 27th. Investors of record on Monday, August 19th were paid a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend was Monday, August 19th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STK. Concurrent Investment Advisors LLC purchased a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the 1st quarter worth approximately $226,000. Janney Montgomery Scott LLC lifted its holdings in Columbia Seligman Premium Technology Growth Fund by 2.0% during the first quarter. Janney Montgomery Scott LLC now owns 265,194 shares of the company’s stock worth $8,452,000 after buying an additional 5,210 shares during the period. Aviance Capital Partners LLC boosted its position in Columbia Seligman Premium Technology Growth Fund by 2.8% during the 1st quarter. Aviance Capital Partners LLC now owns 42,017 shares of the company’s stock valued at $1,339,000 after acquiring an additional 1,129 shares in the last quarter. Register Financial Advisors LLC purchased a new position in shares of Columbia Seligman Premium Technology Growth Fund in the 1st quarter valued at $90,000. Finally, Global Assets Advisory LLC bought a new position in shares of Columbia Seligman Premium Technology Growth Fund in the 1st quarter worth $1,300,000.

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.