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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 29,100 shares, an increase of 123.8% from the November 15th total of 13,000 shares. Based on an average trading volume of 28,400 shares, the short-interest ratio is currently 1.0 days.

Columbia Seligman Premium Technology Growth Fund Price Performance

Shares of NYSE STK traded down $0.31 during mid-day trading on Thursday, reaching $35.49. The company had a trading volume of 41,962 shares, compared to its average volume of 33,936. The stock has a fifty day moving average of $33.63 and a two-hundred day moving average of $33.01. Columbia Seligman Premium Technology Growth Fund has a 12-month low of $28.76 and a 12-month high of $36.00.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The business also recently announced a — dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, December 16th will be given a $3.2669 dividend. This is an increase from Columbia Seligman Premium Technology Growth Fund’s previous — dividend of $0.14. The ex-dividend date of this dividend is Monday, December 16th. This represents a yield of 5.2%.

Institutional Investors Weigh In On Columbia Seligman Premium Technology Growth Fund

Institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the 3rd quarter valued at about $61,000. SteelPeak Wealth LLC acquired a new stake in Columbia Seligman Premium Technology Growth Fund in the third quarter valued at approximately $211,000. Concurrent Investment Advisors LLC grew its position in Columbia Seligman Premium Technology Growth Fund by 15.1% in the second quarter. Concurrent Investment Advisors LLC now owns 8,164 shares of the company’s stock worth $272,000 after acquiring an additional 1,070 shares in the last quarter. EP Wealth Advisors LLC increased its stake in shares of Columbia Seligman Premium Technology Growth Fund by 12.3% during the 2nd quarter. EP Wealth Advisors LLC now owns 9,420 shares of the company’s stock worth $314,000 after purchasing an additional 1,029 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its holdings in shares of Columbia Seligman Premium Technology Growth Fund by 38.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,079 shares of the company’s stock valued at $369,000 after purchasing an additional 3,080 shares in 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.