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

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a large decrease in short interest in the month of 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. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 9,130 shares, the short-interest ratio is presently 0.7 days.

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 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 acquiring 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 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 95.63% of the company’s stock.

Suncoast Select Growth ETF Stock Performance

SEMG opened at $27.79 on Wednesday. The business’s 50-day simple moving average is $27.52 and its 200 day simple moving average is $26.51. Suncoast Select Growth ETF has a 52-week low of $23.28 and a 52-week high of $28.35. The firm has a market capitalization of $63.09 million, a PE ratio of -23.47 and a beta of 0.86.

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.