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

AB Conservative Buffer ETF (NASDAQ:BUFC) saw a significant 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 trading volume of 42,400 shares, the short-interest ratio is presently 0.1 days.

AB Conservative Buffer ETF Stock Performance

BUFC stock traded up $0.01 during trading hours on Tuesday, hitting $38.81. The company’s stock had a trading volume of 15,194 shares, compared to its average volume of 98,485. AB Conservative Buffer ETF has a 12 month low of $35.11 and a 12 month high of $38.84. The stock has a 50 day moving average price of $38.39 and a two-hundred day moving average price of $37.59.

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) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & 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 as of its most recent SEC filing.

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.