Short Interest in AB Conservative Buffer ETF (NASDAQ:BUFC) Increases By 53.3%

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,300 shares, an increase of 53.3% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AB Conservative Buffer ETF stock. HighTower Advisors LLC acquired a new stake in AB Conservative Buffer ETF (NASDAQ:BUFC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 84,139 shares of the company’s stock, valued at approximately $3,250,000. HighTower Advisors LLC owned 0.49% of AB Conservative Buffer ETF as of its most recent SEC filing.

AB Conservative Buffer ETF Stock Up 0.4 %

BUFC traded up $0.17 during trading hours on Friday, hitting $39.50. The company’s stock had a trading volume of 28,634 shares, compared to its average volume of 57,776. The company has a 50-day simple moving average of $39.25 and a 200 day simple moving average of $38.52. AB Conservative Buffer ETF has a fifty-two week low of $35.45 and a fifty-two week high of $39.52.

AB Conservative Buffer ETF Company Profile

The AB Conservative Buffer ETF (BUFC) 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 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.