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

AB Moderate Buffer ETF (NASDAQ:BUFM) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,567 shares, a drop of 62.6% from the June 15th total of 28,261 shares. Based on an average daily volume of 42,931 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

AB Moderate Buffer ETF Stock Performance

NASDAQ:BUFM opened at $40.72 on Monday. AB Moderate Buffer ETF has a one year low of $36.19 and a one year high of $40.76. The stock has a 50-day simple moving average of $40.30 and a 200 day simple moving average of $39.56.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in AB Moderate Buffer ETF stock. OLD Mission Capital LLC grew its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% in the fourth quarter, according to its most recent 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 quarter. OLD Mission Capital LLC owned approximately 0.22% of AB Moderate Buffer ETF worth $673,000 as of its most recent filing with the Securities and Exchange Commission.

About AB Moderate Buffer ETF

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.