AB Moderate Buffer ETF (NASDAQ:BUFM) Sees Large Decrease in Short Interest

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,567 shares, a decline of 48.2% from the July 30th total of 3,024 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 17,325 shares, the days-to-cover ratio is currently 0.1 days.

AB Moderate Buffer ETF Trading Down 0.2%

Shares of BUFM stock opened at $41.12 on Tuesday. AB Moderate Buffer ETF has a 1 year low of $36.19 and a 1 year high of $41.41. The stock has a fifty day moving average of $40.78 and a two-hundred day moving average of $39.94.

Hedge Funds Weigh In On AB Moderate Buffer ETF

An institutional investor recently raised its stake in AB Moderate Buffer ETF stock. OLD Mission Capital LLC lifted its stake in AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,239 shares of the company’s stock after acquiring an additional 9,532 shares during the period. OLD Mission Capital LLC owned approximately 0.22% of AB Moderate Buffer ETF worth $673,000 at the end of the most recent reporting period.

AB Moderate Buffer ETF Company Profile

The AB Moderate Buffer ETF (BUFM) 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 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFM was launched on Dec 9, 2024 and is issued by AB Funds.