AB Moderate Buffer ETF (NASDAQ:BUFM – Get Free Report) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 4,194 shares, a decrease of 90.6% from the November 30th total of 44,698 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 24,027 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 24,027 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.
AB Moderate Buffer ETF Stock Up 0.3%
AB Moderate Buffer ETF stock traded up $0.11 during trading hours on Wednesday, hitting $39.47. 782 shares of the company traded hands, compared to its average volume of 38,923. AB Moderate Buffer ETF has a 1-year low of $32.06 and a 1-year high of $39.52. The firm’s 50-day simple moving average is $38.63 and its two-hundred day simple moving average is $37.73.
Institutional Investors Weigh In On AB Moderate Buffer ETF
A number of institutional investors have recently added to or reduced their stakes in the company. OLD Mission Capital LLC acquired a new stake in shares of AB Moderate Buffer ETF in the first quarter valued at $533,000. Alliancebernstein L.P. raised its position in AB Moderate Buffer ETF by 1,887.2% in the first quarter. Alliancebernstein L.P. now owns 3,275,334 shares of the company’s stock worth $113,818,000 after acquiring an additional 3,110,513 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in AB Moderate Buffer ETF in the third quarter worth about $94,000.
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.
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