AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Update

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 2,900 shares, a growth of 11.5% from the October 31st total of 2,600 shares. Based on an average daily trading volume, of 36,900 shares, the days-to-cover ratio is presently 0.1 days.

AB Conservative Buffer ETF Stock Performance

BUFC stock traded up $0.02 during mid-day trading on Monday, reaching $39.29. The company had a trading volume of 5,515 shares, compared to its average volume of 92,282. The stock’s 50-day simple moving average is $38.82 and its two-hundred day simple moving average is $38.04. AB Conservative Buffer ETF has a one year low of $35.11 and a one year high of $39.37.

Institutional Investors Weigh In On AB Conservative Buffer ETF

Several large investors have recently made changes to their positions in the company. Quantum Private Wealth LLC acquired a new stake in AB Conservative Buffer ETF in the 2nd quarter valued at approximately $413,000. N.E.W. Advisory Services LLC bought a new position in shares of AB Conservative Buffer ETF in the second quarter worth $800,000. Finally, HighTower Advisors LLC acquired a new position in shares of AB Conservative Buffer ETF during the third quarter valued at $3,250,000.

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.