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

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a significant drop in short interest during 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 shares of the company are short sold. Based on an average trading volume of 9,169 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Suncoast Select Growth ETF

A hedge fund recently raised its position in Suncoast Select Growth ETF stock. Royal Bank of Canada lifted its stake in shares of Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 176,887 shares of the company’s stock after buying an additional 174,224 shares during the quarter. Royal Bank of Canada owned about 7.66% of Suncoast Select Growth ETF worth $4,258,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Suncoast Select Growth ETF Price Performance

Suncoast Select Growth ETF stock opened at $25.69 on Friday. Suncoast Select Growth ETF has a fifty-two week low of $23.28 and a fifty-two week high of $27.79. The firm has a market capitalization of $59.34 million, a PE ratio of -21.77 and a beta of -0.93. The company’s 50-day moving average is $26.36 and its 200-day moving average is $26.11.

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.