Suncoast Select Growth ETF (NYSEARCA:SEMG) Shares Shorted: Short Interest Up 608.9% in October

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

Institutional Investors 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 holdings in Suncoast Select Growth ETF (NYSEARCA:SEMG) by 6,542.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing. Institutional investors own 95.63% of the company’s stock.

Suncoast Select Growth ETF Trading Up 0.2%

NYSEARCA SEMG traded up $0.06 during trading on Tuesday, hitting $27.86. The company had a trading volume of 350 shares, compared to its average volume of 9,545. The company’s fifty day moving average is $27.80 and its 200-day moving average is $26.58. Suncoast Select Growth ETF has a one year low of $23.28 and a one year high of $28.57. The company has a market cap of $64.07 million, a price-to-earnings ratio of -23.61 and a beta of 0.85.

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.