Short Interest in Suncoast Select Growth ETF (NYSEARCA:SEMG) Drops By 81.8%

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

Suncoast Select Growth ETF Trading Up 1.0%

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

Institutional Investors Weigh In On Suncoast Select Growth ETF

A hedge fund recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada lifted its position in Suncoast Select Growth ETF (NYSEARCA:SEMGFree Report) by 6,542.4% during the 1st quarter, according to its most recent 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 quarter. Royal Bank of Canada owned approximately 7.66% of Suncoast Select Growth ETF worth $4,258,000 at the end of the most recent reporting period. 95.63% of the stock is currently owned by institutional investors.

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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