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 decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,024 shares, a decrease of 73.9% from the July 15th total of 11,601 shares. Based on an average trading volume of 18,381 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of AB Moderate Buffer ETF

An institutional investor recently raised its stake in AB Moderate Buffer ETF stock. Alliancebernstein L.P. raised its holdings in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) by 47.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,822,428 shares of the company’s stock after buying an additional 1,547,094 shares during the period. Alliancebernstein L.P. owned about 92.74% of AB Moderate Buffer ETF worth $176,190,000 at the end of the most recent reporting period.

AB Moderate Buffer ETF Stock Performance

Shares of AB Moderate Buffer ETF stock remained flat at $41.40 during trading on Friday. 41,438 shares of the stock traded hands, compared to its average volume of 43,777. AB Moderate Buffer ETF has a 12-month low of $36.19 and a 12-month high of $41.41. The company has a 50 day simple moving average of $40.59 and a two-hundred day simple moving average of $39.81.

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.