AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Update

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,385 shares, a growth of 202.1% from the April 30th total of 8,404 shares. Based on an average trading volume of 21,633 shares, the short-interest ratio is presently 1.2 days. Approximately 0.3% of the shares of the company are short sold.

AB Moderate Buffer ETF Price Performance

Shares of BUFM stock traded up $0.09 during trading hours on Friday, reaching $40.56. The stock had a trading volume of 24,326 shares, compared to its average volume of 48,943. The stock’s fifty day simple moving average is $39.37 and its 200 day simple moving average is $39.20. AB Moderate Buffer ETF has a 12 month low of $35.58 and a 12 month high of $40.56.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Alliancebernstein L.P. increased its holdings in shares of AB Moderate Buffer ETF by 47.2% in the second quarter. Alliancebernstein L.P. now owns 4,822,428 shares of the company’s stock worth $176,190,000 after buying an additional 1,547,094 shares during the period. OLD Mission Capital LLC boosted its stake in shares of AB Moderate Buffer ETF by 123.7% during the fourth quarter. OLD Mission Capital LLC now owns 17,239 shares of the company’s stock valued at $673,000 after purchasing an additional 9,532 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new position in shares of AB Moderate Buffer ETF in the third quarter worth approximately $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.