AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Update

AB Conservative Buffer ETF (NASDAQ:BUFC) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,600 shares, a decline of 25.7% from the October 15th total of 3,500 shares. Based on an average daily volume of 38,400 shares, the short-interest ratio is presently 0.1 days.

AB Conservative Buffer ETF Stock Performance

Shares of NASDAQ BUFC traded down $0.16 during midday trading on Friday, hitting $38.95. The company’s stock had a trading volume of 44,800 shares, compared to its average volume of 95,013. The stock has a fifty day moving average price of $38.63 and a 200 day moving average price of $37.84. AB Conservative Buffer ETF has a one year low of $35.11 and a one year high of $39.20.

Institutional Trading of AB Conservative Buffer ETF

Several hedge funds and other institutional investors have recently modified their holdings of BUFC. HighTower Advisors LLC bought a new stake in shares of AB Conservative Buffer ETF in the third quarter valued at approximately $3,250,000. N.E.W. Advisory Services LLC bought a new stake in AB Conservative Buffer ETF during the 2nd quarter worth approximately $800,000. Finally, Quantum Private Wealth LLC bought a new stake in AB Conservative Buffer ETF during the 2nd quarter worth approximately $413,000.

AB Conservative Buffer ETF Company Profile

The AB Conservative Buffer ETF (BUFC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.