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

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 1,835 shares, a decline of 81.8% from the May 31st total of 10,098 shares. Based on an average daily trading volume, of 9,169 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor 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% during the first quarter, according to the company in its most recent filing 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 period. Royal Bank of Canada owned 7.66% of Suncoast Select Growth ETF worth $4,258,000 at the end of the most recent quarter. 95.63% of the stock is owned by institutional investors.

Suncoast Select Growth ETF Price Performance

Shares of NYSEARCA SEMG opened at $25.69 on Friday. The business has a 50-day moving average of $26.36 and a 200-day moving average of $26.11. The stock has a market capitalization of $59.34 million, a price-to-earnings ratio of -21.77 and a beta of -0.93. Suncoast Select Growth ETF has a fifty-two week low of $23.28 and a fifty-two week high of $27.79.

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.