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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 522 shares, a drop of 71.5% from the July 30th total of 1,829 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 36,127 shares, the days-to-cover ratio is currently 0.0 days.

AB Conservative Buffer ETF Trading Up 0.2%

Shares of BUFC stock traded up $0.09 on Thursday, reaching $43.27. The company had a trading volume of 21,791 shares, compared to its average volume of 44,436. The stock has a market cap of $1.06 billion, a PE ratio of 25.09 and a beta of 0.26. The company has a 50-day moving average of $42.80 and a 200-day moving average of $42.01. AB Conservative Buffer ETF has a 12 month low of $39.99 and a 12 month high of $43.38.

Institutional Investors Weigh In On AB Conservative Buffer ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. acquired a new position in shares of AB Conservative Buffer ETF during the 4th quarter worth approximately $218,000. Scarborough Advisors LLC increased 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 acquiring an additional 6,489 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of AB Conservative Buffer ETF during the 1st quarter worth $426,000. Bailard Inc. bought a new stake in shares of AB Conservative Buffer ETF during the 4th quarter valued at approximately $494,000. Finally, Ausdal Financial Partners Inc. boosted its holdings 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 valued at $526,000 after acquiring an additional 1,190 shares in the last quarter.

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.