AB International Buffer ETF (NASDAQ:BUFI) Sees Significant Decline in Short Interest

AB International Buffer ETF (NASDAQ:BUFI) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 2,111 shares, a drop of 95.6% from the February 12th total of 48,353 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 23,165 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 23,165 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On AB International Buffer ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Harbour Investments Inc. grew its position in AB International Buffer ETF by 144.7% during the 4th quarter. Harbour Investments Inc. now owns 1,950 shares of the company’s stock worth $78,000 after purchasing an additional 1,153 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of AB International Buffer ETF by 30.3% during the third quarter. Alliancebernstein L.P. now owns 1,568,486 shares of the company’s stock worth $61,089,000 after buying an additional 365,098 shares during the period. Finally, OLD Mission Capital LLC purchased a new stake in shares of AB International Buffer ETF during the fourth quarter valued at $451,000.

AB International Buffer ETF Trading Up 0.3%

AB International Buffer ETF stock opened at $40.76 on Wednesday. The stock has a 50-day moving average of $41.06 and a two-hundred day moving average of $39.87. AB International Buffer ETF has a one year low of $33.61 and a one year high of $41.92.

About AB International Buffer ETF

The AB International Buffer ETF Intl Buffer ETF (BUFI) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of the iShares MSCI EAFE ETF (ticker: EFA), 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. BUFI was launched on Dec 9, 2024 and is issued by AB Funds.