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

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

AB Moderate Buffer ETF Price Performance

Shares of AB Moderate Buffer ETF stock opened at $40.36 on Tuesday. AB Moderate Buffer ETF has a 1 year low of $36.19 and a 1 year high of $40.67. The stock has a 50-day moving average price of $40.10 and a 200 day moving average price of $39.46.

Hedge Funds Weigh In On AB Moderate Buffer ETF

An institutional investor recently raised its position in AB Moderate Buffer ETF stock. Alliancebernstein L.P. lifted its stake in AB Moderate Buffer ETF (NASDAQ:BUFM) by 24.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,005,367 shares of the company’s stock after purchasing an additional 1,182,939 shares during the quarter. Alliancebernstein L.P. owned 93.83% of AB Moderate Buffer ETF worth $229,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.