AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 47.4% in August

AB Moderate Buffer ETF (NASDAQ:BUFM) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 824 shares, a decline of 47.4% from the August 15th total of 1,567 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 27,770 shares, the days-to-cover ratio is currently 0.0 days.

AB Moderate Buffer ETF Stock Performance

BUFM opened at $40.80 on Thursday. AB Moderate Buffer ETF has a 1-year low of $36.19 and a 1-year high of $41.41. The stock’s 50 day simple moving average is $40.92 and its 200 day simple moving average is $40.08.

About AB Moderate Buffer ETF

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.