AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 48.2% in August

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 1,567 shares, a decline of 48.2% from the July 30th total of 3,024 shares. Based on an average daily trading volume, of 17,325 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

AB Moderate Buffer ETF Price Performance

BUFM stock traded down $0.04 on Friday, reaching $41.22. The company had a trading volume of 7,954 shares, compared to its average volume of 42,939. The company’s fifty day moving average is $40.76 and its 200 day moving average is $39.93. AB Moderate Buffer ETF has a 1 year low of $36.19 and a 1 year high of $41.41.

Hedge Funds Weigh In On AB Moderate Buffer ETF

A hedge fund recently raised its position in AB Moderate Buffer ETF stock. OLD Mission Capital LLC grew its holdings in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 17,239 shares of the company’s stock after acquiring an additional 9,532 shares during the quarter. OLD Mission Capital LLC owned about 0.22% of AB Moderate Buffer ETF worth $673,000 as of its most recent SEC filing.

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.