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

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

Columbia Seligman Premium Technology Growth Fund Stock Up 1.7 %

NYSE STK opened at $29.14 on Friday. Columbia Seligman Premium Technology Growth Fund has a 52 week low of $28.50 and a 52 week high of $36.30. The firm’s 50-day simple moving average is $32.01 and its two-hundred day simple moving average is $32.72.

Columbia Seligman Premium Technology Growth Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th were paid a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date was Tuesday, February 18th.

Insiders Place Their Bets

In other news, Director Pamela G. Carlton sold 2,256 shares of the company’s stock in a transaction on Friday, March 7th. The stock was 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 SEC, which is accessible through this link.

Institutional Inflows and Outflows

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

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.