AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 73.9% in July

AB Moderate Buffer ETF (NASDAQ:BUFM) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,024 shares, a drop of 73.9% from the July 15th total of 11,601 shares. Based on an average daily trading volume, of 18,381 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On AB Moderate Buffer ETF

An institutional investor recently raised its position in AB Moderate Buffer ETF stock. Alliancebernstein L.P. boosted its stake in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) by 47.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,822,428 shares of the company’s stock after purchasing an additional 1,547,094 shares during the period. Alliancebernstein L.P. owned approximately 92.74% of AB Moderate Buffer ETF worth $176,190,000 at the end of the most recent quarter.

AB Moderate Buffer ETF Stock Performance

NASDAQ BUFM traded up $0.07 on Thursday, hitting $41.33. 16,069 shares of the company’s stock traded hands, compared to its average volume of 43,631. The firm’s 50-day moving average price is $40.55 and its two-hundred day moving average price is $39.79. AB Moderate Buffer ETF has a 1-year low of $36.19 and a 1-year high of $41.33.

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.