AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Down 49.3% in May

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 12,871 shares, a decrease of 49.3% from the May 14th total of 25,385 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 44,392 shares, the days-to-cover ratio is currently 0.3 days.

AB Moderate Buffer ETF Price Performance

NASDAQ:BUFM remained flat at $40.24 during trading on Monday. The company’s stock had a trading volume of 14,589 shares, compared to its average volume of 48,577. The company has a 50 day simple moving average of $39.77 and a 200 day simple moving average of $39.34. AB Moderate Buffer ETF has a 52-week low of $35.96 and a 52-week high of $40.67.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AB Moderate Buffer ETF stock. OLD Mission Capital LLC boosted its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,239 shares of the company’s stock after buying an additional 9,532 shares during the quarter. OLD Mission Capital LLC owned approximately 0.22% of AB Moderate Buffer ETF worth $673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.