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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a significant increase in short interest in 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 daily trading volume, of 40,000 shares, the short-interest ratio is currently 0.5 days.

Columbia Seligman Premium Technology Growth Fund Stock Down 0.9 %

Columbia Seligman Premium Technology Growth Fund stock traded down $0.27 during mid-day trading on Tuesday, hitting $30.98. 33,992 shares of the stock were exchanged, compared to its average volume of 39,319. Columbia Seligman Premium Technology Growth Fund has a 12 month low of $24.95 and a 12 month high of $34.31. The firm’s fifty day simple moving average is $31.79 and its two-hundred day simple moving average is $30.84.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 20th were paid a $0.4625 dividend. The ex-dividend date was Friday, February 16th. This represents a $1.85 annualized dividend and a dividend yield of 5.97%. This is a positive change from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STK. Register Financial Advisors LLC bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the first quarter valued at approximately $90,000. NBC Securities Inc. acquired a new position in Columbia Seligman Premium Technology Growth Fund during the third quarter worth $95,000. Parallel Advisors LLC lifted its stake in shares of Columbia Seligman Premium Technology Growth Fund by 12.8% in the fourth quarter. Parallel Advisors LLC now owns 3,936 shares of the company’s stock valued at $124,000 after buying an additional 448 shares in the last quarter. Formidable Asset Management LLC acquired a new position in shares of Columbia Seligman Premium Technology Growth Fund during the fourth quarter valued at about $207,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the fourth quarter worth about $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.