AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Down 39.7% in August

AB Conservative Buffer ETF (NASDAQ:BUFC) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 315 shares, a decline of 39.7% from the August 15th total of 522 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 32,763 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. Rockefeller Capital Management L.P. bought a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,282 shares of the company’s stock, valued at approximately $218,000.

AB Conservative Buffer ETF Trading Up 0.1%

NASDAQ:BUFC traded up $0.05 during mid-day trading on Wednesday, hitting $43.20. 45,406 shares of the company’s stock traded hands, compared to its average volume of 45,948. The firm has a 50 day moving average of $43.02 and a two-hundred day moving average of $42.18. AB Conservative Buffer ETF has a 12 month low of $40.15 and a 12 month high of $43.38. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 25.09 and a beta of 0.26.

About AB Conservative Buffer ETF

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.