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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 34,500 shares, an increase of 18.6% from the November 30th total of 29,100 shares. Based on an average daily trading volume, of 33,700 shares, the days-to-cover ratio is presently 1.0 days.

Columbia Seligman Premium Technology Growth Fund Stock Down 1.0 %

Shares of STK stock opened at $32.29 on Monday. Columbia Seligman Premium Technology Growth Fund has a 52-week low of $28.76 and a 52-week high of $36.30. The firm’s 50 day moving average price is $33.49 and its two-hundred day moving average price is $33.04.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Monday, December 16th will be paid a $3.2669 dividend. This is a positive change 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 dividend yield of 5.2%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. IHT Wealth Management LLC grew its stake in Columbia Seligman Premium Technology Growth Fund by 2.9% during the 3rd quarter. IHT Wealth Management LLC now owns 12,107 shares of the company’s stock worth $405,000 after buying an additional 341 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Columbia Seligman Premium Technology Growth Fund by 4.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 8,525 shares of the company’s stock worth $286,000 after purchasing an additional 361 shares during the period. Aviance Capital Partners LLC boosted its holdings in Columbia Seligman Premium Technology Growth Fund by 0.9% during the 3rd quarter. Aviance Capital Partners LLC now owns 44,074 shares of the company’s stock valued at $1,476,000 after acquiring an additional 372 shares during the period. Creative Planning grew its position in shares of Columbia Seligman Premium Technology Growth Fund by 3.7% during the second quarter. Creative Planning now owns 11,924 shares of the company’s stock worth $397,000 after buying an additional 427 shares in the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in 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 buying an additional 1,029 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.