AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,947 shares, a decrease of 87.9% from the April 30th total of 16,065 shares. Based on an average daily volume of 22,578 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On AB Conservative Buffer ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BUFC. Assetmark Inc. bought a new position in AB Conservative Buffer ETF during the third quarter worth about $188,000. Rockefeller Capital Management L.P. bought a new stake in shares of AB Conservative Buffer ETF in the fourth quarter valued at approximately $218,000. Scarborough Advisors LLC raised its position in shares of AB Conservative Buffer ETF by 200.3% in the fourth quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock valued at $402,000 after purchasing an additional 6,489 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF during the 1st quarter valued at approximately $426,000. Finally, Bailard Inc. purchased a new stake in shares of AB Conservative Buffer ETF during the 4th quarter valued at approximately $494,000.
AB Conservative Buffer ETF Price Performance
Shares of NASDAQ BUFC opened at $42.44 on Thursday. AB Conservative Buffer ETF has a one year low of $38.40 and a one year high of $42.51. The business’s fifty day moving average price is $41.51 and its 200-day moving average price is $41.34. The stock has a market capitalization of $1.05 billion, a PE ratio of 25.09 and a beta of 0.26.
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.
See Also
- Five stocks we like better than AB Conservative Buffer ETF
- Semtech’s Explosive Rally May Only Be Getting Started
- Hims & Hers Eyes Global Growth: Will $1.15B Eucalyptus Deal Fuel Its Recovery or Dilute Shareholders?
- The Food Delivery War Just Entered Its Final Phase
- Bath & Body Works Stock Surged Despite Falling Sales—Here’s Why
Receive News & Ratings for AB Conservative Buffer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Conservative Buffer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
