AB Moderate Buffer ETF (NASDAQ:BUFM – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 28,261 shares, an increase of 119.6% from the May 31st total of 12,871 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 52,390 shares, the short-interest ratio is currently 0.5 days.
AB Moderate Buffer ETF Trading Down 0.1%
NASDAQ BUFM opened at $40.46 on Thursday. The company’s 50 day simple moving average is $40.14 and its two-hundred day simple moving average is $39.48. AB Moderate Buffer ETF has a 1 year low of $36.19 and a 1 year high of $40.67.
Institutional Investors Weigh In On AB Moderate Buffer ETF
An institutional investor recently raised its stake in AB Moderate Buffer ETF stock. Alliancebernstein L.P. boosted its holdings in shares of AB Moderate Buffer ETF (NASDAQ:BUFM – Free Report) by 47.2% in the 2nd quarter, according to its most recent Form 13F filing with the 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 approximately 92.74% of AB Moderate Buffer ETF worth $176,190,000 as of its most recent SEC filing.
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.
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