Suncoast Select Growth ETF (NYSEARCA:SEMG) Stock Short Interest Rises 608.9%

Suncoast Select Growth ETF (NYSEARCA:SEMG) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 9,450 shares, a growth of 608.9% from the September 30th total of 1,333 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 6,546 shares, the short-interest ratio is currently 1.4 days.

Suncoast Select Growth ETF Trading Down 0.8%

Shares of NYSEARCA SEMG traded down $0.21 during trading on Thursday, reaching $27.76. 1,498 shares of the company traded hands, compared to its average volume of 9,547. The stock has a market cap of $63.85 million, a P/E ratio of -23.53 and a beta of 0.85. The firm’s fifty day simple moving average is $27.81 and its 200 day simple moving average is $26.59. Suncoast Select Growth ETF has a 12-month low of $23.28 and a 12-month high of $28.57.

Institutional Trading of Suncoast Select Growth ETF

A hedge fund recently raised its stake in Suncoast Select Growth ETF stock. Royal Bank of Canada raised its stake 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 & Exchange Commission. The institutional investor owned 176,887 shares of the company’s stock after buying 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 at the end of the most recent quarter. 95.63% of the stock is currently owned by institutional investors.

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.