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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 4,215 shares, a growth of 1,233.9% from the June 15th total of 316 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 47,918 shares, the short-interest ratio is currently 0.1 days.

AB Conservative Buffer ETF Price Performance

Shares of NASDAQ:BUFC traded up $0.05 during mid-day trading on Friday, reaching $42.74. 4,165 shares of the company were exchanged, compared to its average volume of 47,562. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 25.09 and a beta of 0.26. The firm’s 50-day simple moving average is $42.37 and its 200 day simple moving average is $41.67. AB Conservative Buffer ETF has a 1 year low of $39.50 and a 1 year high of $42.77.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BUFC. NewEdge Advisors LLC acquired a new stake in shares of AB Conservative Buffer ETF in the first quarter valued at $426,000. Ausdal Financial Partners Inc. boosted its holdings in AB Conservative Buffer ETF by 9.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 13,332 shares of the company’s stock valued at $526,000 after acquiring an additional 1,190 shares during the period. Alliancebernstein L.P. grew its position in AB Conservative Buffer ETF by 1.0% in the 3rd quarter. Alliancebernstein L.P. now owns 18,539,111 shares of the company’s stock valued at $753,244,000 after acquiring an additional 186,458 shares in the last quarter. Susquehanna International Group LLP increased its stake in AB Conservative Buffer ETF by 534.9% during the third quarter. Susquehanna International Group LLP now owns 77,237 shares of the company’s stock worth $3,138,000 after purchasing an additional 65,072 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of AB Conservative Buffer ETF by 28.7% in the fourth quarter. Assetmark Inc. now owns 5,953 shares of the company’s stock valued at $246,000 after purchasing an additional 1,327 shares during the period.

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.