Short Interest in Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Increases By 34.7%

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 19,800 shares, an increase of 34.7% from the March 31st total of 14,700 shares. Based on an average daily trading volume, of 40,000 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Columbia Seligman Premium Technology Growth Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC increased its holdings in Columbia Seligman Premium Technology Growth Fund by 2,350.2% in the 4th quarter. International Assets Investment Management LLC now owns 795,037 shares of the company’s stock valued at $25,159,000 after buying an additional 762,589 shares during the period. Global Assets Advisory LLC acquired a new stake in Columbia Seligman Premium Technology Growth Fund during the first quarter valued at approximately $1,300,000. Wells Fargo & Company MN grew its stake in shares of Columbia Seligman Premium Technology Growth Fund by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 259,168 shares of the company’s stock valued at $8,190,000 after purchasing an additional 32,563 shares during the period. Atomi Financial Group Inc. acquired a new position in shares of Columbia Seligman Premium Technology Growth Fund in the 3rd quarter worth approximately $358,000. Finally, Whitcomb & Hess Inc. bought a new position in shares of Columbia Seligman Premium Technology Growth Fund during the 1st quarter worth approximately $401,000.

Columbia Seligman Premium Technology Growth Fund Trading Down 0.9 %

Shares of NYSE:STK traded down $0.27 during midday trading on Tuesday, hitting $30.98. The company’s stock had a trading volume of 33,992 shares, compared to its average volume of 39,319. Columbia Seligman Premium Technology Growth Fund has a fifty-two week low of $24.95 and a fifty-two week high of $34.31. The stock’s 50 day simple moving average is $31.79 and its 200 day simple moving average is $30.84.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 20th were paid a $0.4625 dividend. This is an increase from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, February 16th. This represents a $1.85 annualized dividend and a dividend yield of 5.97%.

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.