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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,289 shares, a decrease of 73.4% from the August 31st total of 19,851 shares. Based on an average trading volume of 45,088 shares, the short-interest ratio is presently 0.1 days.

Columbia Seligman Premium Technology Growth Fund Trading Down 0.6%

NYSE:STK opened at $53.24 on Friday. Columbia Seligman Premium Technology Growth Fund has a one year low of $32.50 and a one year high of $58.46. The company has a fifty day moving average price of $51.42 and a 200 day moving average price of $49.15.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Monday, August 17th were paid a $0.4625 dividend. The ex-dividend date was Monday, August 17th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STK. Advisory Solutions Group LLC bought a new position in Columbia Seligman Premium Technology Growth Fund during the 2nd quarter valued at about $8,669,000. Bank of America Corp DE acquired a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the second quarter valued at $6,114,000. Kingsview Wealth Management LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund during the 2nd quarter worth about $1,570,000. NewEdge Advisors LLC increased its position in Columbia Seligman Premium Technology Growth Fund by 682.6% in the 2nd quarter. NewEdge Advisors LLC now owns 20,495 shares of the company’s stock valued at $1,104,000 after acquiring an additional 17,876 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Columbia Seligman Premium Technology Growth Fund in the second quarter worth about $716,000.

Columbia Seligman Premium Technology Growth Fund Company Profile

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) is a publicly traded closed-end investment fund that seeks to provide current income and long-term capital appreciation. The fund invests primarily in technology-related companies, including businesses involved in software, semiconductors, hardware, communications equipment, internet services and other technology industries.

The fund combines equity investing with an options strategy designed to generate additional income from its portfolio.