Short Interest in AB Conservative Buffer ETF (NASDAQ:BUFC) Declines By 91.5%

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 11,800 shares, a decrease of 91.5% from the January 15th total of 138,600 shares. Based on an average trading volume of 50,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of AB Conservative Buffer ETF

A number of large investors have recently made changes to their positions in the stock. OLD Mission Capital LLC purchased a new stake in shares of AB Conservative Buffer ETF during the 4th quarter worth about $421,000. Ausdal Financial Partners Inc. lifted its position in AB Conservative Buffer ETF by 5.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock worth $466,000 after acquiring an additional 663 shares in the last quarter. Quantum Private Wealth LLC lifted its position in AB Conservative Buffer ETF by 54.5% during the 3rd quarter. Quantum Private Wealth LLC now owns 17,000 shares of the company’s stock worth $656,000 after acquiring an additional 6,000 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of AB Conservative Buffer ETF in the 3rd quarter valued at approximately $3,250,000. Finally, Alliancebernstein L.P. raised its position in shares of AB Conservative Buffer ETF by 11.5% in the 4th quarter. Alliancebernstein L.P. now owns 13,728,764 shares of the company’s stock valued at $537,756,000 after purchasing an additional 1,410,754 shares in the last quarter.

AB Conservative Buffer ETF Trading Up 0.3 %

Shares of BUFC stock traded up $0.11 during mid-day trading on Thursday, reaching $39.84. The stock had a trading volume of 46,128 shares, compared to its average volume of 74,780. AB Conservative Buffer ETF has a 12-month low of $35.80 and a 12-month high of $39.81. The business has a 50-day simple moving average of $39.43 and a 200 day simple moving average of $38.79.

About AB Conservative Buffer ETF

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.