Columbia Seligman Premium Technology Growth Fund (NYSE:STK – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 15,954 shares, an increase of 137.0% from the September 30th total of 6,731 shares. Based on an average daily volume of 40,357 shares, the short-interest ratio is currently 0.4 days.
Columbia Seligman Premium Technology Growth Fund Stock Performance
NYSE STK traded down $1.94 during midday trading on Friday, hitting $52.38. The company had a trading volume of 62,261 shares, compared to its average volume of 56,258. The firm has a fifty day simple moving average of $53.00 and a two-hundred day simple moving average of $47.97. 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 Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 27th. Investors of record on Monday, October 19th were paid a $0.4625 dividend. This represents a $1.85 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, October 19th.
Institutional Investors Weigh In On Columbia Seligman Premium Technology Growth Fund
Institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of Columbia Seligman Premium Technology Growth Fund by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 306,516 shares of the company’s stock valued at $11,626,000 after acquiring an additional 2,569 shares in the last quarter. Bank of America Corp DE increased its stake in Columbia Seligman Premium Technology Growth Fund by 51.1% in the first quarter. Bank of America Corp DE now owns 166,575 shares of the company’s stock valued at $6,318,000 after acquiring an additional 56,318 shares during the period. Advisory Solutions Group LLC acquired a new position in Columbia Seligman Premium Technology Growth Fund in the second quarter worth about $8,669,000. PMG Family Office LLC raised its position in Columbia Seligman Premium Technology Growth Fund by 0.5% in the third quarter. PMG Family Office LLC now owns 77,146 shares of the company’s stock worth $4,148,000 after purchasing an additional 414 shares in the last quarter. Finally, Aviance Capital Partners LLC raised its position in Columbia Seligman Premium Technology Growth Fund by 0.5% in the first quarter. Aviance Capital Partners LLC now owns 44,424 shares of the company’s stock worth $1,685,000 after purchasing an additional 200 shares in the last quarter.
Columbia Seligman Premium Technology Growth Fund Company Profile
Columbia Seligman Premium Technology Growth Fund (NYSE:STK) is a publicly traded closed-end investment fund that seeks to provide investors with a combination of current income and long-term capital appreciation. The fund is advised by Columbia Management Investment Advisers, LLC, part of Columbia Threadneedle Investments.
The fund invests primarily in technology-related companies, including businesses involved in software, semiconductors, hardware, communications equipment, and related technology services.
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