AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Update

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 4,215 shares, a growth of 1,233.9% from the June 15th total of 316 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 47,918 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of AB Conservative Buffer ETF

A number of institutional investors have recently bought and sold shares of BUFC. NewEdge Advisors LLC increased its position in AB Conservative Buffer ETF by 3.4% during the third quarter. NewEdge Advisors LLC now owns 11,398 shares of the company’s stock valued at $463,000 after acquiring an additional 376 shares during the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of AB Conservative Buffer ETF by 9.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 13,332 shares of the company’s stock worth $526,000 after acquiring an additional 1,190 shares during the last quarter. Assetmark Inc. boosted its stake in shares of AB Conservative Buffer ETF by 28.7% during the 4th quarter. Assetmark Inc. now owns 5,953 shares of the company’s stock worth $246,000 after purchasing an additional 1,327 shares during the period. HighTower Advisors LLC boosted its stake in shares of AB Conservative Buffer ETF by 2.7% during the 4th quarter. HighTower Advisors LLC now owns 91,407 shares of the company’s stock worth $3,777,000 after purchasing an additional 2,423 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new position in AB Conservative Buffer ETF during the 4th quarter valued at about $218,000.

AB Conservative Buffer ETF Stock Performance

Shares of NASDAQ:BUFC traded up $0.05 on Friday, reaching $42.74. The company’s stock had a trading volume of 4,165 shares, compared to its average volume of 47,562. The company has a 50-day simple moving average of $42.37 and a 200 day simple moving average of $41.67. The company has a market cap of $1.05 billion, a P/E ratio of 25.09 and a beta of 0.26. AB Conservative Buffer ETF has a 52-week low of $39.50 and a 52-week high of $42.77.

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.