AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 3,500 shares, a decline of 37.5% from the September 30th total of 5,600 shares. Based on an average daily volume of 42,400 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On AB Conservative Buffer ETF
An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. N.E.W. Advisory Services LLC purchased a new stake in AB Conservative Buffer ETF (NASDAQ:BUFC – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,307 shares of the company’s stock, valued at approximately $800,000. N.E.W. Advisory Services LLC owned approximately 0.14% of AB Conservative Buffer ETF at the end of the most recent reporting period.
AB Conservative Buffer ETF Stock Performance
Shares of NASDAQ:BUFC opened at $38.72 on Friday. The business has a fifty day moving average of $38.37 and a two-hundred day moving average of $37.57. AB Conservative Buffer ETF has a 52-week low of $35.11 and a 52-week high of $38.84.
AB Conservative Buffer ETF Company Profile
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.
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