Suncoast Select Growth ETF (NYSEARCA:SEMG) Sees Large Drop in Short Interest

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 6,636 shares, a decrease of 40.2% from the August 31st total of 11,090 shares. Based on an average trading volume of 9,130 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

Suncoast Select Growth ETF Trading Up 0.4%

Suncoast Select Growth ETF stock traded up $0.10 during midday trading on Thursday, reaching $27.77. 9,016 shares of the stock traded hands, compared to its average volume of 9,924. The company has a 50-day simple moving average of $27.57 and a two-hundred day simple moving average of $26.55. Suncoast Select Growth ETF has a 12-month low of $23.28 and a 12-month high of $28.35. The firm has a market cap of $63.04 million, a PE ratio of -23.53 and a beta of 0.86.

Institutional Trading of Suncoast Select Growth ETF

A hedge fund recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada lifted its holdings in Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% in the first quarter, according to its most recent disclosure with the SEC. 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 approximately 7.66% of Suncoast Select Growth ETF worth $4,258,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 95.63% of the company’s stock.

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.