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

by · The Markets Daily

Columbia Seligman Premium Technology Growth Fund (NYSE:STK – Get Free Report) saw a large decrease in short interest during 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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC raised its holdings in Columbia Seligman Premium Technology Growth Fund by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 306,516 shares of the company’s stock valued at $11,626,000 after buying an additional 2,569 shares during the last quarter. Bank of America Corp DE grew its holdings in Columbia Seligman Premium Technology Growth Fund by 51.1% during the 1st quarter. Bank of America Corp DE now owns 166,575 shares of the company’s stock worth $6,318,000 after acquiring an additional 56,318 shares during the last quarter. Advisory Solutions Group LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund in the 2nd quarter valued at approximately $8,669,000. Aviance Capital Partners LLC increased its position in Columbia Seligman Premium Technology Growth Fund by 0.5% in the 1st quarter. Aviance Capital Partners LLC now owns 44,424 shares of the company’s stock valued at $1,685,000 after acquiring an additional 200 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Columbia Seligman Premium Technology Growth Fund by 11.6% during the first quarter. Cetera Investment Advisers now owns 37,806 shares of the company’s stock valued at $1,434,000 after acquiring an additional 3,930 shares during the last quarter.

Columbia Seligman Premium Technology Growth Fund Trading Down 2.2%

Shares of NYSE STK traded down $1.15 during mid-day trading on Monday, hitting $52.02. 69,316 shares of the stock traded hands, compared to its average volume of 57,821. Columbia Seligman Premium Technology Growth Fund has a twelve month low of $32.50 and a twelve month high of $58.46. The firm has a 50 day simple moving average of $51.42 and a two-hundred day simple moving average of $49.22.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The company also recently announced 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 3.6%.

Columbia Seligman Premium Technology Growth Fund Company Profile

(Get Free Report)

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.

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