AB Moderate Buffer ETF (NASDAQ:BUFM – Get Free Report) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 9,604 shares, a decline of 90.9% from the February 12th total of 105,259 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 64,009 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 64,009 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.
AB Moderate Buffer ETF Stock Performance
NASDAQ BUFM traded down $0.01 on Thursday, reaching $39.01. The company had a trading volume of 20,403 shares, compared to its average volume of 64,032. AB Moderate Buffer ETF has a fifty-two week low of $32.06 and a fifty-two week high of $39.76. The business has a 50 day moving average of $39.37 and a two-hundred day moving average of $38.73.
Hedge Funds Weigh In On AB Moderate Buffer ETF
A number of hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its position in AB Moderate Buffer ETF by 47.2% in the 2nd quarter. Alliancebernstein L.P. now owns 4,822,428 shares of the company’s stock valued at $176,190,000 after buying an additional 1,547,094 shares in the last quarter. OLD Mission Capital LLC grew its stake in AB Moderate Buffer ETF by 123.7% in the fourth quarter. OLD Mission Capital LLC now owns 17,239 shares of the company’s stock valued at $673,000 after acquiring an additional 9,532 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of AB Moderate Buffer ETF during the third quarter valued at approximately $94,000.
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.
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