AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Down 71.5% in August

AB Conservative Buffer ETF (NASDAQ:BUFCGet Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 522 shares, a decline of 71.5% from the July 30th total of 1,829 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 36,127 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. acquired a new stake in AB Conservative Buffer ETF in the 4th quarter valued at $218,000. Scarborough Advisors LLC grew its stake in AB Conservative Buffer ETF by 200.3% in the fourth quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock valued at $402,000 after purchasing an additional 6,489 shares in the last quarter. NewEdge Advisors LLC bought a new position in AB Conservative Buffer ETF in the first quarter valued at approximately $426,000. Bailard Inc. bought a new position in AB Conservative Buffer ETF in the fourth quarter valued at approximately $494,000. Finally, Ausdal Financial Partners Inc. increased its position in shares of 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 worth $526,000 after purchasing an additional 1,190 shares during the last quarter.

AB Conservative Buffer ETF Price Performance

Shares of BUFC traded down $0.05 during mid-day trading on Friday, hitting $43.25. 36,652 shares of the company’s stock were exchanged, compared to its average volume of 44,399. The company has a market cap of $1.06 billion, a PE ratio of 25.09 and a beta of 0.26. AB Conservative Buffer ETF has a 52 week low of $39.99 and a 52 week high of $43.38. The company has a 50-day simple moving average of $42.83 and a 200 day simple moving average of $42.03.

AB Conservative Buffer ETF Company Profile

(Get Free Report)

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.

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