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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,300 shares, a growth of 53.3% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is currently 0.1 days.

AB Conservative Buffer ETF Price Performance

BUFC stock traded up $0.17 during midday trading on Friday, hitting $39.50. The stock had a trading volume of 28,634 shares, compared to its average volume of 57,776. The business has a fifty day moving average price of $39.25 and a two-hundred day moving average price of $38.52. AB Conservative Buffer ETF has a 1-year low of $35.45 and a 1-year high of $39.52.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC boosted its holdings in AB Conservative Buffer ETF (NASDAQ:BUFC) by 54.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,000 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. Quantum Private Wealth LLC owned about 0.10% of AB Conservative Buffer ETF worth $656,000 at the end of the most recent quarter.

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.