AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 48.2% in August

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,567 shares, a drop of 48.2% from the July 30th total of 3,024 shares. Based on an average trading volume of 17,325 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

AB Moderate Buffer ETF Stock Performance

BUFM traded down $0.04 during trading hours on Friday, hitting $41.22. 7,954 shares of the company’s stock were exchanged, compared to its average volume of 42,939. AB Moderate Buffer ETF has a 1-year low of $36.19 and a 1-year high of $41.41. The stock’s 50-day moving average is $40.76 and its two-hundred day moving average is $39.93.

Institutional Investors Weigh In On AB Moderate Buffer ETF

An institutional investor recently raised its stake in AB Moderate Buffer ETF stock. Alliancebernstein L.P. grew its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 47.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 about 92.74% of AB Moderate Buffer ETF worth $176,190,000 at the end of the most recent reporting period.

About AB Moderate Buffer ETF

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.