Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Shares Shorted: Short Interest Down 73.4% in September

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,289 shares, a decrease of 73.4% from the August 31st total of 19,851 shares. Based on an average trading volume of 45,088 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Columbia Seligman Premium Technology Growth Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in STK. Advisory Solutions Group LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund during the 2nd quarter worth about $8,669,000. Bank of America Corp DE bought a new position in Columbia Seligman Premium Technology Growth Fund in the 2nd quarter worth approximately $6,114,000. Kingsview Wealth Management LLC bought a new position in Columbia Seligman Premium Technology Growth Fund in the 2nd quarter worth approximately $1,570,000. NewEdge Advisors LLC lifted its holdings in Columbia Seligman Premium Technology Growth Fund by 682.6% during the 2nd 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Columbia Seligman Premium Technology Growth Fund during the 2nd quarter worth $716,000.

Columbia Seligman Premium Technology Growth Fund Stock Down 0.6%

Shares of NYSE:STK traded down $0.32 on Friday, hitting $53.24. The stock had a trading volume of 125,354 shares, compared to its average volume of 57,759. The firm’s 50 day moving average price is $51.42 and its 200-day moving average price is $49.15. Columbia Seligman Premium Technology Growth Fund has a twelve month low of $32.50 and a twelve month high of $58.46.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Monday, August 17th were given a $0.4625 dividend. The ex-dividend date was Monday, August 17th. This represents a $1.85 annualized dividend and a yield of 3.5%.

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 current income and long-term capital appreciation. The fund invests primarily in technology-related companies, including businesses involved in software, semiconductors, hardware, communications equipment, internet services and other technology industries.

The fund combines equity investing with an options strategy designed to generate additional income from its portfolio.