Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Short Interest Up 115.4% in February

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the target of a large increase in short interest in 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 trading 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 related news, Director Pamela G. Carlton sold 2,256 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $28.98, for a total value of $65,378.88. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its position in Columbia Seligman Premium Technology Growth Fund by 4.8% in the 4th quarter. Ameriprise Financial Inc. now owns 42,793 shares of the company’s stock worth $1,367,000 after purchasing an additional 1,949 shares during the period. Alteri Wealth LLC purchased a new position in Columbia Seligman Premium Technology Growth Fund in the 4th quarter worth $622,000. IHT Wealth Management LLC raised its position in Columbia Seligman Premium Technology Growth Fund by 20.9% in the 4th quarter. IHT Wealth Management LLC now owns 14,636 shares of the company’s stock worth $468,000 after purchasing an additional 2,529 shares during the period. Shaker Financial Services LLC raised its position in Columbia Seligman Premium Technology Growth Fund by 0.6% in the 4th quarter. Shaker Financial Services LLC now owns 67,665 shares of the company’s stock worth $2,162,000 after purchasing an additional 433 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Columbia Seligman Premium Technology Growth Fund in the fourth quarter valued at about $1,558,000.

Columbia Seligman Premium Technology Growth Fund Stock Up 1.7 %

Columbia Seligman Premium Technology Growth Fund stock traded up $0.50 during mid-day trading on Friday, reaching $29.14. The company’s stock had a trading volume of 29,274 shares, compared to its average volume of 37,337. Columbia Seligman Premium Technology Growth Fund has a 12-month low of $28.50 and a 12-month high of $36.30. The firm’s fifty day moving average price is $32.01 and its two-hundred day moving average price is $32.72.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th were paid a $0.4625 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.85 dividend on an annualized basis and a 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.