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

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a large 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 presently 0.1 days.

Hedge Funds Weigh In On AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. HighTower Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 Performance

BUFC traded up $0.22 during trading on Wednesday, hitting $39.36. The stock had a trading volume of 47,176 shares, compared to its average volume of 66,086. AB Conservative Buffer ETF has a 12 month low of $35.36 and a 12 month high of $39.52. The company has a 50 day simple moving average of $39.24 and a 200-day simple moving average of $38.51.

About AB Conservative Buffer ETF

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.