Suncoast Select Growth ETF (NYSEARCA:SEMG – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 11,090 shares, an increase of 218.2% from the August 15th total of 3,485 shares. Based on an average daily volume of 4,344 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.5% of the shares of the company are short sold.
Suncoast Select Growth ETF Trading Up 0.9%
SEMG traded up $0.25 during midday trading on Friday, hitting $27.33. 8,518 shares of the company were exchanged, compared to its average volume of 10,252. The company’s 50 day simple moving average is $27.40 and its 200 day simple moving average is $26.34. The firm has a market capitalization of $64.77 million, a price-to-earnings ratio of -23.16 and a beta of 0.86. Suncoast Select Growth ETF has a 1-year low of $23.28 and a 1-year high of $28.35.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Suncoast Select Growth ETF stock. Royal Bank of Canada grew its stake in Suncoast Select Growth ETF (NYSEARCA:SEMG – Free Report) by 6,542.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,887 shares of the company’s stock after purchasing an additional 174,224 shares during the period. Royal Bank of Canada owned about 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.
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.
Further Reading
- Five stocks we like better than Suncoast Select Growth ETF
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for Suncoast Select Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncoast Select Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
