Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Stock Short Interest Declines 73.4%

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) saw a large decrease in short interest in 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 daily volume of 45,088 shares, the short-interest ratio is presently 0.1 days.

Columbia Seligman Premium Technology Growth Fund Stock Performance

Shares of NYSE STK opened at $53.24 on Friday. The company’s 50 day simple moving average is $51.42 and its 200 day simple moving average is $49.15. Columbia Seligman Premium Technology Growth Fund has a fifty-two week low of $32.50 and a fifty-two week high of $58.46.

Columbia Seligman Premium Technology Growth Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Investors 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 dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Trading of Columbia Seligman Premium Technology Growth Fund

Several hedge funds have recently bought and sold shares of STK. Aviance Capital Partners LLC raised its stake in shares of 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 purchasing an additional 200 shares during the period. Benjamin Edwards Inc. raised its holdings in Columbia Seligman Premium Technology Growth Fund by 1.7% during the second quarter. Benjamin Edwards Inc. now owns 17,602 shares of the company’s stock worth $948,000 after acquiring an additional 287 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of Columbia Seligman Premium Technology Growth Fund by 1.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 29,771 shares of the company’s stock worth $1,095,000 after purchasing an additional 400 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Columbia Seligman Premium Technology Growth Fund by 1.5% during the first quarter. International Assets Investment Management LLC now owns 29,254 shares of the company’s stock worth $1,141,000 after buying an additional 440 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund during the second quarter worth $30,000.

About Columbia Seligman Premium Technology Growth Fund

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.