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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 3,500 shares, a decline of 37.5% from the September 30th total of 5,600 shares. Based on an average daily volume of 42,400 shares, the days-to-cover ratio is currently 0.1 days.

AB Conservative Buffer ETF Stock Up 0.0 %

Shares of NASDAQ BUFC traded up $0.01 during midday trading on Tuesday, reaching $38.81. The company’s stock had a trading volume of 15,194 shares, compared to its average volume of 98,485. The company has a 50 day moving average price of $38.39 and a 200 day moving average price of $37.59. AB Conservative Buffer ETF has a one year low of $35.11 and a one year high of $38.84.

Institutional Trading of AB Conservative Buffer ETF

A hedge fund recently bought a new stake in AB Conservative Buffer ETF stock. N.E.W. Advisory Services LLC bought a new position in AB Conservative Buffer ETF (NASDAQ:BUFC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 21,307 shares of the company’s stock, valued at approximately $800,000. N.E.W. Advisory Services LLC owned approximately 0.14% of AB Conservative Buffer ETF at the end of the most recent reporting period.

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.