AB Moderate Buffer ETF (NASDAQ:BUFM) Sees Significant Increase in Short Interest

AB Moderate Buffer ETF (NASDAQ:BUFM) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 105,259 shares, a growth of 46.7% from the January 29th total of 71,761 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 53,402 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily trading volume, of 53,402 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the company’s shares are sold short.

AB Moderate Buffer ETF Price Performance

Shares of AB Moderate Buffer ETF stock traded down $0.06 during trading on Monday, hitting $39.43. The stock had a trading volume of 92,936 shares, compared to its average volume of 69,470. AB Moderate Buffer ETF has a 12 month low of $32.06 and a 12 month high of $39.76. The firm’s fifty day simple moving average is $39.39 and its 200-day simple moving average is $38.64.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Atlantic Union Bankshares Corp purchased a new stake in shares of AB Moderate Buffer ETF in the third quarter worth approximately $94,000. OLD Mission Capital LLC grew its position in AB Moderate Buffer ETF by 123.7% in the 4th quarter. OLD Mission Capital LLC now owns 17,239 shares of the company’s stock valued at $673,000 after acquiring an additional 9,532 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in AB Moderate Buffer ETF by 24.5% in the 3rd quarter. Alliancebernstein L.P. now owns 6,005,367 shares of the company’s stock valued at $229,045,000 after acquiring an additional 1,182,939 shares during the last quarter.

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.