AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Update

AB Moderate Buffer ETF (NASDAQ:BUFM) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 28,261 shares, an increase of 119.6% from the May 31st total of 12,871 shares. Based on an average trading volume of 52,390 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in AB Moderate Buffer ETF stock. Alliancebernstein L.P. grew its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 24.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,005,367 shares of the company’s stock after buying an additional 1,182,939 shares during the period. Alliancebernstein L.P. owned 93.83% of AB Moderate Buffer ETF worth $229,045,000 at the end of the most recent reporting period.

AB Moderate Buffer ETF Stock Performance

Shares of BUFM stock remained flat at $40.49 during trading hours on Wednesday. 1,904 shares of the stock were exchanged, compared to its average volume of 48,386. AB Moderate Buffer ETF has a 12 month low of $36.19 and a 12 month high of $40.67. The business has a fifty day moving average price of $40.12 and a two-hundred day moving average price of $39.47.

AB Moderate Buffer ETF Company Profile

The AB Moderate Buffer ETF (BUFM) 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 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFM was launched on Dec 9, 2024 and is issued by AB Funds.