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 significant growth in short interest in 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 trading volume of 51,600 shares, the short-interest ratio is currently 0.7 days.

Columbia Seligman Premium Technology Growth Fund Trading Up 1.7 %

Shares of NYSE STK traded up $0.50 during midday trading on Friday, hitting $29.14. The stock had a trading volume of 29,274 shares, compared to its average volume of 37,337. The business’s 50 day moving average is $32.01 and its 200-day moving average is $32.72. Columbia Seligman Premium Technology Growth Fund has a 52 week low of $28.50 and a 52 week high of $36.30.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th were given a dividend of $0.4625 per share. 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%.

Insider Buying and Selling

In other news, Director Pamela G. Carlton sold 2,256 shares of the company’s stock in a transaction that occurred on 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 filing with the SEC, which is accessible through this link.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Columbia Seligman Premium Technology Growth Fund during the 3rd quarter valued at $61,000. Thomas J. Herzfeld Advisors Inc. lifted its stake in Columbia Seligman Premium Technology Growth Fund by 16.7% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 3,997 shares of the company’s stock worth $128,000 after purchasing an additional 572 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in Columbia Seligman Premium Technology Growth Fund by 5.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 9,008 shares of the company’s stock worth $288,000 after purchasing an additional 483 shares in the last quarter. Compass Planning Associates Inc bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the 4th quarter worth about $326,000. Finally, Capital Market Strategies LLC increased its holdings in shares of Columbia Seligman Premium Technology Growth Fund by 3.2% in the 4th quarter. Capital Market Strategies LLC now owns 11,526 shares of the company’s stock worth $368,000 after buying an additional 356 shares during the last quarter.

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.