Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Short Interest Up 145.4% in July

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 37,300 shares, a growth of 145.4% from the July 15th total of 15,200 shares. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Global Assets Advisory LLC purchased a new position in Columbia Seligman Premium Technology Growth Fund during the 1st quarter valued at about $1,300,000. Wolverine Asset Management LLC grew its stake in Columbia Seligman Premium Technology Growth Fund by 130.6% during the second quarter. Wolverine Asset Management LLC now owns 71,656 shares of the company’s stock valued at $2,385,000 after acquiring an additional 40,588 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Columbia Seligman Premium Technology Growth Fund by 14.4% during the 4th quarter. Wells Fargo & Company MN now owns 259,168 shares of the company’s stock worth $8,190,000 after acquiring an additional 32,563 shares during the period. Shaker Financial Services LLC purchased a new stake in Columbia Seligman Premium Technology Growth Fund in the 2nd quarter worth approximately $1,001,000. Finally, Whitcomb & Hess Inc. bought a new position in Columbia Seligman Premium Technology Growth Fund in the 1st quarter valued at $401,000.

Columbia Seligman Premium Technology Growth Fund Price Performance

NYSE STK traded up $0.66 during trading on Tuesday, hitting $32.05. 33,679 shares of the company’s stock traded hands, compared to its average volume of 36,553. Columbia Seligman Premium Technology Growth Fund has a 12-month low of $24.95 and a 12-month high of $34.60. The business has a 50 day moving average of $32.88 and a 200-day moving average of $32.31.

Columbia Seligman Premium Technology Growth Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 27th. Investors of record on Monday, August 19th will be paid a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date of this dividend is Monday, August 19th.

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.