Short Interest in Suncoast Select Growth ETF (NYSEARCA:SEMG) Decreases By 79.2%

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 382 shares, a decline of 79.2% from the June 15th total of 1,835 shares. Based on an average trading volume of 5,294 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada lifted its stake in Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. 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 about 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 hedge funds and other institutional investors.

Suncoast Select Growth ETF Stock Up 0.7%

Suncoast Select Growth ETF stock traded up $0.20 during mid-day trading on Friday, reaching $27.12. The company had a trading volume of 2,557 shares, compared to its average volume of 11,409. Suncoast Select Growth ETF has a 52 week low of $23.28 and a 52 week high of $27.79. The company has a 50 day moving average of $26.51 and a 200-day moving average of $26.07. The firm has a market cap of $64.27 million, a price-to-earnings ratio of -22.98 and a beta of 0.91.

Suncoast Select Growth ETF Company Profile

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.