Short Interest in AB International Buffer ETF (NASDAQ:BUFI) Declines By 77.9%

AB International Buffer ETF (NASDAQ:BUFI) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 1,743 shares, a decline of 77.9% from the July 15th total of 7,884 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,816 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On AB International Buffer ETF

Several large investors have recently added to or reduced their stakes in BUFI. Alliancebernstein L.P. increased its holdings in AB International Buffer ETF by 68.8% during the 2nd quarter. Alliancebernstein L.P. now owns 1,203,388 shares of the company’s stock worth $45,446,000 after purchasing an additional 490,567 shares in the last quarter. OLD Mission Capital LLC bought a new position in shares of AB International Buffer ETF in the fourth quarter valued at approximately $451,000. ARQ Wealth Advisors LLC bought a new position in shares of AB International Buffer ETF in the first quarter valued at approximately $427,000. Finally, Harbour Investments Inc. boosted its position in shares of AB International Buffer ETF by 144.7% during the fourth quarter. Harbour Investments Inc. now owns 1,950 shares of the company’s stock valued at $78,000 after buying an additional 1,153 shares during the last quarter.

AB International Buffer ETF Stock Up 0.1%

Shares of AB International Buffer ETF stock traded up $0.04 during trading hours on Friday, reaching $43.46. The company’s stock had a trading volume of 234 shares, compared to its average volume of 16,254. The stock’s fifty day simple moving average is $42.49 and its two-hundred day simple moving average is $41.70. AB International Buffer ETF has a one year low of $38.15 and a one year high of $43.60.

About AB International Buffer ETF

The AB International Buffer ETF Intl Buffer ETF (BUFI) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of the iShares MSCI EAFE ETF (ticker: EFA), 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. BUFI was launched on Dec 9, 2024 and is issued by AB Funds.