Suncoast Select Growth ETF (NYSEARCA:SEMG) Stock Short Interest Declines 95.2%

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 450 shares, a drop of 95.2% from the October 15th total of 9,450 shares. Based on an average trading volume of 5,090 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Suncoast Select Growth ETF

An institutional investor recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada boosted its position in shares of 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 Securities and Exchange Commission. The institutional investor owned 176,887 shares of the company’s stock after acquiring an additional 174,224 shares during the period. Royal Bank of Canada owned 7.66% of Suncoast Select Growth ETF worth $4,258,000 as of its most recent SEC filing. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Suncoast Select Growth ETF Stock Up 0.7%

Shares of NYSEARCA:SEMG traded up $0.20 during midday trading on Wednesday, reaching $27.66. 1,214 shares of the company traded hands, compared to its average volume of 9,251. Suncoast Select Growth ETF has a 12 month low of $23.28 and a 12 month high of $28.57. The firm’s fifty day moving average price is $27.77 and its two-hundred day moving average price is $26.61. The firm has a market capitalization of $63.62 million, a price-to-earnings ratio of -23.45 and a beta of 0.85.

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.