AB Conservative Buffer ETF (NASDAQ:BUFC) Shares Shorted: Short Interest Up 10,600.0% in October

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in AB Conservative Buffer ETF stock. Ground Swell Capital LLC bought a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,801 shares of the company’s stock, valued at approximately $251,000.

AB Conservative Buffer ETF Trading Down 0.2%

Shares of NASDAQ BUFC traded down $0.07 during trading on Tuesday, reaching $43.15. The company had a trading volume of 36,218 shares, compared to its average volume of 49,142. AB Conservative Buffer ETF has a twelve month low of $40.15 and a twelve month high of $43.71. The stock has a market capitalization of $1.10 billion, a PE ratio of 25.09 and a beta of 0.26. The stock has a 50-day moving average price of $43.37 and a two-hundred day moving average price of $42.34.

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.