Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Sees Large Growth in Short Interest

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 15,954 shares, a growth of 137.0% from the September 30th total of 6,731 shares. Based on an average daily volume of 40,357 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Columbia Seligman Premium Technology Growth Fund

Several large investors have recently made changes to their positions in the business. PMG Family Office LLC grew its holdings in Columbia Seligman Premium Technology Growth Fund by 0.5% during the third quarter. PMG Family Office LLC now owns 77,146 shares of the company’s stock worth $4,148,000 after acquiring an additional 414 shares during the period. David J Yvars Group raised its stake in Columbia Seligman Premium Technology Growth Fund by 56.8% in the 3rd quarter. David J Yvars Group now owns 19,210 shares of the company’s stock valued at $1,033,000 after purchasing an additional 6,956 shares during the last quarter. Eastern Bank acquired a new stake in Columbia Seligman Premium Technology Growth Fund in the 3rd quarter valued at about $46,000. NewEdge Advisors LLC boosted its stake in Columbia Seligman Premium Technology Growth Fund by 682.6% during the second quarter. NewEdge Advisors LLC now owns 20,495 shares of the company’s stock worth $1,104,000 after buying an additional 17,876 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the second quarter valued at about $256,000.

Columbia Seligman Premium Technology Growth Fund Stock Performance

Shares of Columbia Seligman Premium Technology Growth Fund stock traded down $2.29 on Friday, hitting $52.03. 54,482 shares of the company traded hands, compared to its average volume of 56,218. Columbia Seligman Premium Technology Growth Fund has a 52 week low of $32.50 and a 52 week high of $58.46. The stock’s 50 day moving average price is $52.98 and its 200-day moving average price is $47.91.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 27th. Shareholders of record on Monday, October 19th were paid a $0.4625 dividend. The ex-dividend date was Monday, October 19th. This represents a $1.85 dividend on an annualized basis and a yield of 3.6%.

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 investors with a combination of current income and long-term capital appreciation. The fund is advised by Columbia Management Investment Advisers, LLC, part of Columbia Threadneedle Investments.

The fund invests primarily in technology-related companies, including businesses involved in software, semiconductors, hardware, communications equipment, and related technology services.