Suncoast Select Growth ETF (NYSEARCA:SEMG) Short Interest Update

Suncoast Select Growth ETF (NYSEARCA:SEMG) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,835 shares, a decrease of 81.8% from the May 31st total of 10,098 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 9,169 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Suncoast Select Growth ETF

A hedge fund recently raised its position in Suncoast Select Growth ETF stock. Royal Bank of Canada raised its stake in shares of Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 176,887 shares of the company’s stock after buying an additional 174,224 shares during the period. Royal Bank of Canada owned approximately 7.66% of Suncoast Select Growth ETF worth $4,258,000 as of its most recent SEC filing. Institutional investors and hedge funds own 95.63% of the company’s stock.

Suncoast Select Growth ETF Stock Performance

Shares of SEMG traded up $0.25 during midday trading on Friday, hitting $25.94. The company had a trading volume of 8,706 shares, compared to its average volume of 11,999. Suncoast Select Growth ETF has a 1 year low of $23.28 and a 1 year high of $27.79. The firm has a market capitalization of $59.92 million, a P/E ratio of -21.98 and a beta of -0.93. The company’s 50-day simple moving average is $26.36 and its 200-day simple moving average is $26.11.

About Suncoast Select Growth ETF

The Suncoast Select Growth ETF (SEMG) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US large- and mid-capitalization growth companies that are deemed high-quality. The fund aims for long-term capital appreciation SEMG was launched on May 14, 2025 and is issued by Suncoast.