AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 90.9% in February

AB Moderate Buffer ETF (NASDAQ:BUFM) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 9,604 shares, a decrease of 90.9% from the February 12th total of 105,259 shares. Based on an average trading volume of 64,009 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 64,009 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On AB Moderate Buffer ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp acquired a new stake in shares of AB Moderate Buffer ETF in the third quarter valued at about $94,000. OLD Mission Capital LLC grew its stake in AB Moderate Buffer ETF by 123.7% during the 4th quarter. OLD Mission Capital LLC now owns 17,239 shares of the company’s stock valued at $673,000 after acquiring an additional 9,532 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in AB Moderate Buffer ETF by 24.5% in the 3rd quarter. Alliancebernstein L.P. now owns 6,005,367 shares of the company’s stock valued at $229,045,000 after acquiring an additional 1,182,939 shares during the last quarter.

AB Moderate Buffer ETF Stock Performance

NASDAQ BUFM opened at $39.12 on Wednesday. The stock’s 50 day simple moving average is $39.37 and its 200-day simple moving average is $38.73. AB Moderate Buffer ETF has a 1-year low of $32.06 and a 1-year high of $39.76.

AB Moderate Buffer ETF Company Profile

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.