Short Interest in AB Conservative Buffer ETF (NASDAQ:BUFC) Expands By 283.1%

AB Conservative Buffer ETF (NASDAQ:BUFC) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 45,200 shares, an increase of 283.1% from the January 31st total of 11,800 shares. Based on an average daily volume of 58,300 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BUFC. Ausdal Financial Partners Inc. increased its position in shares of AB Conservative Buffer ETF by 5.9% during the fourth quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock worth $466,000 after acquiring an additional 663 shares in the last quarter. HighTower Advisors LLC raised its position in AB Conservative Buffer ETF by 2.6% in the 4th quarter. HighTower Advisors LLC now owns 86,364 shares of the company’s stock valued at $3,383,000 after buying an additional 2,225 shares during the last quarter. Ancora Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF in the fourth quarter valued at about $125,000. Quantum Private Wealth LLC lifted its position in shares of AB Conservative Buffer ETF by 54.5% during the 3rd quarter. Quantum Private Wealth LLC now owns 17,000 shares of the company’s stock worth $656,000 after buying an additional 6,000 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new position in AB Conservative Buffer ETF in the fourth quarter worth $421,000.

AB Conservative Buffer ETF Stock Up 0.0 %

Shares of NASDAQ:BUFC opened at $39.06 on Friday. AB Conservative Buffer ETF has a twelve month low of $35.96 and a twelve month high of $40.10. The stock’s 50 day moving average is $39.48 and its 200-day moving average is $38.96.

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.