Short Interest in Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Rises By 34.7%

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 19,800 shares, an increase of 34.7% from the March 31st total of 14,700 shares. Based on an average trading volume of 40,000 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Columbia Seligman Premium Technology Growth Fund

Several large investors have recently bought and sold shares of STK. Strategic Blueprint LLC lifted its stake in shares of Columbia Seligman Premium Technology Growth Fund by 12.8% in the 1st quarter. Strategic Blueprint LLC now owns 11,000 shares of the company’s stock valued at $351,000 after purchasing an additional 1,250 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Columbia Seligman Premium Technology Growth Fund by 12.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 19,238 shares of the company’s stock valued at $608,000 after purchasing an additional 2,092 shares during the period. Beverly Hills Private Wealth LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund during the fourth quarter valued at approximately $373,000. International Assets Investment Management LLC increased its stake in Columbia Seligman Premium Technology Growth Fund by 2,350.2% in the fourth quarter. International Assets Investment Management LLC now owns 795,037 shares of the company’s stock valued at $25,159,000 after purchasing an additional 762,589 shares in the last quarter. Finally, Capital Market Strategies LLC raised its holdings in Columbia Seligman Premium Technology Growth Fund by 15.3% in the fourth quarter. Capital Market Strategies LLC now owns 11,092 shares of the company’s stock worth $351,000 after purchasing an additional 1,470 shares during the period.

Columbia Seligman Premium Technology Growth Fund Stock Up 2.4 %

Shares of STK opened at $31.17 on Friday. Columbia Seligman Premium Technology Growth Fund has a 12-month low of $24.95 and a 12-month high of $34.31. The stock’s fifty day simple moving average is $31.81 and its 200-day simple moving average is $30.79.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 27th. Investors of record on Tuesday, February 20th were paid a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.94%. This is an increase from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, February 16th.

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.