AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Significant Growth in Short Interest

AB Conservative Buffer ETF (NASDAQ:BUFC) saw a large increase in short interest in 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 volume of 36,400 shares, the days-to-cover ratio is currently 0.1 days.

AB Conservative Buffer ETF Stock Up 0.4 %

BUFC stock traded up $0.17 during midday trading on Friday, reaching $39.50. The company had a trading volume of 28,634 shares, compared to its average volume of 57,776. The stock has a 50 day moving average price of $39.25 and a 200-day moving average price of $38.52. AB Conservative Buffer ETF has a 1-year low of $35.45 and a 1-year high of $39.52.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 Form 13F filing with the SEC. The institutional investor acquired 84,139 shares of the company’s stock, valued at approximately $3,250,000. HighTower Advisors LLC owned about 0.49% of AB Conservative Buffer ETF at the end of the most recent reporting period.

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.