AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Large Increase in Short Interest

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 12,300 shares, a growth of 583.3% from the August 15th total of 1,800 shares. Based on an average daily trading volume, of 39,500 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC purchased a new stake in AB Conservative Buffer ETF (NASDAQ:BUFC) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,000 shares of the company’s stock, valued at approximately $413,000. Quantum Private Wealth LLC owned approximately 0.07% of AB Conservative Buffer ETF as of its most recent filing with the SEC.

AB Conservative Buffer ETF Stock Up 0.2 %

Shares of NASDAQ:BUFC traded up $0.08 during trading on Friday, reaching $38.26. The stock had a trading volume of 29,904 shares, compared to its average volume of 110,440. AB Conservative Buffer ETF has a one year low of $35.11 and a one year high of $38.26. The firm’s 50-day simple moving average is $37.80 and its 200 day simple moving average is $37.08.

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.