AB Moderate Buffer ETF (NASDAQ:BUFM) Sees Large Decline in Short Interest

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 10,567 shares, a decrease of 62.6% from the June 15th total of 28,261 shares. Based on an average trading volume of 42,931 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On AB Moderate Buffer ETF

A hedge fund recently raised its position in AB Moderate Buffer ETF stock. OLD Mission Capital LLC increased its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 123.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,239 shares of the company’s stock after acquiring an additional 9,532 shares during the period. OLD Mission Capital LLC owned approximately 0.22% of AB Moderate Buffer ETF worth $673,000 as of its most recent SEC filing.

AB Moderate Buffer ETF Stock Up 0.1%

Shares of BUFM stock traded up $0.04 during trading hours on Tuesday, reaching $40.65. 222 shares of the stock were exchanged, compared to its average volume of 48,062. AB Moderate Buffer ETF has a 12-month low of $36.19 and a 12-month high of $40.76. The business’s fifty day moving average is $40.32 and its two-hundred day moving average is $39.57.

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.