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

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

Institutional Investors Weigh In On AB Conservative Buffer ETF

An institutional investor 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 its most recent filing with the Securities & Exchange Commission. The firm acquired 5,282 shares of the company’s stock, valued at approximately $218,000.

AB Conservative Buffer ETF Stock Performance

AB Conservative Buffer ETF stock traded down $0.27 during midday trading on Friday, hitting $43.22. 12,643 shares of the company’s stock were exchanged, compared to its average volume of 48,575. AB Conservative Buffer ETF has a 12 month low of $40.15 and a 12 month high of $43.71. The firm has a 50-day moving average of $43.38 and a two-hundred day moving average of $42.29. The company has a market cap of $1.10 billion, a PE ratio of 25.09 and a beta of 0.26.

AB Conservative Buffer ETF Company Profile

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.