Short Interest in Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Drops By 22.4%

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 15,200 shares, a decrease of 22.4% from the June 30th total of 19,600 shares. Based on an average daily volume of 31,100 shares, the days-to-cover ratio is currently 0.5 days.

Columbia Seligman Premium Technology Growth Fund Stock Up 1.1 %

Shares of NYSE:STK traded up $0.37 during trading on Friday, reaching $32.63. The stock had a trading volume of 15,008 shares, compared to its average volume of 35,678. The firm’s 50-day simple moving average is $33.05 and its 200 day simple moving average is $32.31. Columbia Seligman Premium Technology Growth Fund has a one year low of $24.95 and a one year high of $34.60.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Monday, May 13th were paid a $0.4625 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.85 annualized dividend and a yield of 5.67%.

Hedge Funds Weigh In On Columbia Seligman Premium Technology Growth Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in Columbia Seligman Premium Technology Growth Fund by 12.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 19,238 shares of the company’s stock worth $608,000 after acquiring an additional 2,092 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Columbia Seligman Premium Technology Growth Fund by 2,350.2% in the 4th quarter. International Assets Investment Management LLC now owns 795,037 shares of the company’s stock worth $25,159,000 after purchasing an additional 762,589 shares in the last quarter. Beverly Hills Private Wealth LLC purchased a new stake in Columbia Seligman Premium Technology Growth Fund during the 4th quarter worth approximately $373,000. Formidable Asset Management LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund during the 4th quarter valued at approximately $207,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Columbia Seligman Premium Technology Growth Fund in the fourth quarter worth $217,000.

About Columbia Seligman Premium Technology Growth Fund

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.