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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 25,600 shares, a growth of 573.7% from the February 28th total of 3,800 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 81,300 shares, the days-to-cover ratio is presently 0.3 days.

AB Conservative Buffer ETF Trading Down 0.1 %

BUFC opened at $38.80 on Friday. The company has a market cap of $721.68 million, a P/E ratio of 26.22 and a beta of 0.22. AB Conservative Buffer ETF has a 12 month low of $35.96 and a 12 month high of $40.10. The business’s 50-day moving average price is $39.27 and its 200-day moving average price is $39.05.

Hedge Funds Weigh In On AB Conservative Buffer ETF

A number of large investors have recently bought and sold shares of BUFC. Alliancebernstein L.P. grew its holdings in shares of AB Conservative Buffer ETF by 11.5% in the fourth quarter. Alliancebernstein L.P. now owns 13,728,764 shares of the company’s stock worth $537,756,000 after purchasing an additional 1,410,754 shares during the last quarter. HighTower Advisors LLC purchased a new stake in AB Conservative Buffer ETF during the 3rd quarter valued at $3,250,000. Susquehanna International Group LLP grew its holdings in AB Conservative Buffer ETF by 355.6% in the 4th quarter. Susquehanna International Group LLP now owns 44,889 shares of the company’s stock worth $1,758,000 after acquiring an additional 35,036 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of AB Conservative Buffer ETF in the fourth quarter valued at about $421,000. Finally, Ancora Advisors LLC bought a new position in shares of AB Conservative Buffer ETF during the fourth quarter valued at about $125,000.

About AB Conservative Buffer ETF

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.