Short Interest in AB Conservative Buffer ETF (NASDAQ:BUFC) Declines By 91.5%

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 11,800 shares, a decline of 91.5% from the January 15th total of 138,600 shares. Based on an average trading volume of 50,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of AB Conservative Buffer ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. OLD Mission Capital LLC purchased a new stake in AB Conservative Buffer ETF in the 4th quarter valued at about $421,000. Alliancebernstein L.P. raised its holdings in AB Conservative Buffer ETF by 11.5% in the 4th quarter. Alliancebernstein L.P. now owns 13,728,764 shares of the company’s stock valued at $537,756,000 after buying an additional 1,410,754 shares during the period. Ausdal Financial Partners Inc. raised its holdings in AB Conservative Buffer ETF by 5.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock valued at $466,000 after buying an additional 663 shares during the period. HighTower Advisors LLC raised its holdings in AB Conservative Buffer ETF by 2.6% in the 4th quarter. HighTower Advisors LLC now owns 86,364 shares of the company’s stock valued at $3,383,000 after buying an additional 2,225 shares during the period. Finally, Quantum Private Wealth LLC raised its holdings in AB Conservative Buffer ETF by 54.5% in the 3rd quarter. Quantum Private Wealth LLC now owns 17,000 shares of the company’s stock valued at $656,000 after buying an additional 6,000 shares during the period.

AB Conservative Buffer ETF Trading Up 0.3 %

Shares of BUFC stock traded up $0.11 on Thursday, hitting $39.84. 46,128 shares of the stock traded hands, compared to its average volume of 74,780. The firm’s 50-day moving average price is $39.43 and its two-hundred day moving average price is $38.79. AB Conservative Buffer ETF has a twelve month low of $35.80 and a twelve month high of $39.81.

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.