AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Large Growth in Short Interest

AB Conservative Buffer ETF (NASDAQ:BUFC) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 30,980 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On AB Conservative Buffer ETF

A hedge fund recently bought a new position in AB Conservative Buffer ETF stock. Rockefeller Capital Management L.P. acquired a new stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,282 shares of the company’s stock, valued at approximately $218,000.

AB Conservative Buffer ETF Price Performance

NASDAQ BUFC traded down $0.27 during midday trading on Friday, hitting $43.22. 12,643 shares of the company traded hands, compared to its average volume of 48,575. AB Conservative Buffer ETF has a 52 week low of $40.15 and a 52 week high of $43.71. The company’s 50-day simple moving average is $43.38 and its 200-day simple moving average is $42.29. The company has a market cap of $1.10 billion, a PE ratio of 25.09 and a beta of 0.26.

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.