Short Interest in AB Moderate Buffer ETF (NASDAQ:BUFM) Declines By 14.2%

AB Moderate Buffer ETF (NASDAQ:BUFM) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 11,164 shares, a decline of 14.2% from the March 15th total of 13,009 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 23,861 shares, the days-to-cover ratio is currently 0.5 days.

AB Moderate Buffer ETF Trading Up 0.3%

NASDAQ BUFM opened at $39.45 on Friday. The company has a 50 day moving average price of $38.97 and a 200 day moving average price of $38.89. AB Moderate Buffer ETF has a 52 week low of $33.07 and a 52 week high of $39.76.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Alliancebernstein L.P. raised its stake in shares of AB Moderate Buffer ETF by 24.5% during the 3rd quarter. Alliancebernstein L.P. now owns 6,005,367 shares of the company’s stock worth $229,045,000 after acquiring an additional 1,182,939 shares in the last quarter. OLD Mission Capital LLC raised its stake in shares of AB Moderate Buffer ETF by 123.7% during the 4th quarter. OLD Mission Capital LLC now owns 17,239 shares of the company’s stock worth $673,000 after acquiring an additional 9,532 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in shares of AB Moderate Buffer ETF during the 3rd quarter worth approximately $94,000.

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.