Suncoast Select Growth ETF (NYSEARCA:SEMG) Short Interest Update

Suncoast Select Growth ETF (NYSEARCA:SEMG) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 2,454 shares, a growth of 97.1% from the July 15th total of 1,245 shares. Based on an average daily trading volume, of 10,007 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Suncoast Select Growth ETF

An institutional investor recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada increased its position in Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,887 shares of the company’s stock after purchasing an additional 174,224 shares during the quarter. Royal Bank of Canada owned approximately 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 Price Performance

SEMG stock traded down $0.22 during mid-day trading on Friday, reaching $27.97. The company had a trading volume of 13,086 shares, compared to its average volume of 10,761. The company has a market capitalization of $66.29 million, a PE ratio of -23.70 and a beta of 0.86. The firm has a 50 day moving average of $26.86 and a 200 day moving average of $26.10. Suncoast Select Growth ETF has a 12 month low of $23.28 and a 12 month high of $28.35.

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.