Short Interest in Suncoast Select Growth ETF (NYSEARCA:SEMG) Drops By 47.0%

Suncoast Select Growth ETF (NYSEARCA:SEMGGet Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 7,247 shares, a drop of 47.0% from the April 30th total of 13,672 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 5,715 shares, the short-interest ratio is currently 1.3 days.

Suncoast Select Growth ETF Price Performance

Shares of NYSEARCA SEMG traded up $0.09 during mid-day trading on Monday, hitting $27.01. The company had a trading volume of 448 shares, compared to its average volume of 12,701. The stock has a market cap of $62.39 million, a price-to-earnings ratio of -22.89 and a beta of 1.08. Suncoast Select Growth ETF has a 12 month low of $23.28 and a 12 month high of $27.79. The firm’s 50 day simple moving average is $25.61 and its two-hundred day simple moving average is $26.18.

Institutional Trading of Suncoast Select Growth ETF

An institutional investor recently raised its position in Suncoast Select Growth ETF stock. Royal Bank of Canada boosted its holdings in Suncoast Select Growth ETF (NYSEARCA:SEMGFree Report) by 6,542.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 176,887 shares of the company’s stock after acquiring an additional 174,224 shares during the quarter. Royal Bank of Canada owned 7.66% of Suncoast Select Growth ETF worth $4,258,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Suncoast Select Growth ETF Company Profile

(Get Free Report)

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.

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