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

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,245 shares, an increase of 225.9% from the June 30th total of 382 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 3,872 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Suncoast Select Growth ETF

An institutional investor recently raised its position in Suncoast Select Growth ETF stock. Royal Bank of Canada raised its stake in Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 176,887 shares of the company’s stock after acquiring an additional 174,224 shares during the period. 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 Stock Performance

NYSEARCA SEMG traded up $0.08 during trading on Monday, reaching $26.58. 3,413 shares of the company traded hands, compared to its average volume of 10,797. The stock’s 50 day moving average price is $26.59 and its two-hundred day moving average price is $26.03. The company has a market cap of $62.99 million, a price-to-earnings ratio of -22.53 and a beta of 0.91. Suncoast Select Growth ETF has a 1-year low of $23.28 and a 1-year high of $27.79.

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.