AB Moderate Buffer ETF (NASDAQ:BUFM) Sees Significant Increase in Short Interest

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 8,400 shares, an increase of 133.3% from the September 15th total of 3,600 shares. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of AB Moderate Buffer ETF

A hedge fund recently bought a new stake in AB Moderate Buffer ETF stock. OLD Mission Capital LLC purchased a new position in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 15,352 shares of the company’s stock, valued at approximately $533,000. OLD Mission Capital LLC owned about 0.37% of AB Moderate Buffer ETF at the end of the most recent reporting period.

AB Moderate Buffer ETF Price Performance

NASDAQ:BUFM opened at $38.15 on Friday. The company’s 50-day moving average price is $37.81 and its 200-day moving average price is $36.40. AB Moderate Buffer ETF has a twelve month low of $32.06 and a twelve month high of $38.40.

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.