AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 73.9% in July

AB Moderate Buffer ETF (NASDAQ:BUFM) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,024 shares, a decline of 73.9% from the July 15th total of 11,601 shares. Based on an average daily trading volume, of 18,381 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

AB Moderate Buffer ETF Price Performance

Shares of BUFM traded up $0.07 during trading hours on Thursday, reaching $41.33. 16,069 shares of the company traded hands, compared to its average volume of 43,631. The business has a fifty day moving average price of $40.55 and a 200-day moving average price of $39.79. AB Moderate Buffer ETF has a 12-month low of $36.19 and a 12-month high of $41.33.

Institutional Trading of AB Moderate Buffer ETF

An institutional investor recently raised its position in AB Moderate Buffer ETF stock. OLD Mission Capital LLC increased its position in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,239 shares of the company’s stock after purchasing an additional 9,532 shares during the quarter. OLD Mission Capital LLC owned 0.22% of AB Moderate Buffer ETF worth $673,000 as of its most recent SEC filing.

About AB Moderate Buffer ETF

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.