AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Significant Growth in Short Interest

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 428 shares, an increase of 10,600.0% from the October 15th total of 4 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 36,224 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On AB Conservative Buffer ETF

A hedge fund recently bought a new position in AB Conservative Buffer ETF stock. Lido Advisors LLC bought a new stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,297 shares of the company’s stock, valued at approximately $316,000.

AB Conservative Buffer ETF Trading Down 0.2%

Shares of AB Conservative Buffer ETF stock opened at $43.15 on Wednesday. The company’s 50-day moving average price is $43.37 and its two-hundred day moving average price is $42.35. AB Conservative Buffer ETF has a 52 week low of $40.15 and a 52 week high of $43.71. The stock has a market cap of $1.10 billion, a PE ratio of 25.09 and a beta of 0.26.

AB Conservative Buffer ETF Company Profile

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.