AB Conservative Buffer ETF (NASDAQ:BUFC) Stock Short Interest Rises 10,600.0%

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 428 shares, a growth of 10,600.0% from the October 15th total of 4 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 36,224 shares, the days-to-cover ratio is currently 0.0 days.

AB Conservative Buffer ETF Stock Down 0.2%

Shares of AB Conservative Buffer ETF stock traded down $0.07 on Tuesday, hitting $43.15. The company’s stock had a trading volume of 36,218 shares, compared to its average volume of 49,142. AB Conservative Buffer ETF has a 52-week low of $40.15 and a 52-week high of $43.71. The firm has a fifty day moving average price of $43.37 and a 200-day moving average price of $42.34. The company has a market capitalization of $1.10 billion, a P/E ratio of 25.09 and a beta of 0.26.

Hedge Funds Weigh In On AB Conservative Buffer ETF

A hedge fund recently bought a new stake in AB Conservative Buffer ETF stock. Ground Swell Capital LLC acquired a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,801 shares of the company’s stock, valued at approximately $251,000.

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.