AB International Buffer ETF (NASDAQ:BUFI) Sees Large Increase in Short Interest
by Jessica Moore · The Cerbat GemAB International Buffer ETF (NASDAQ:BUFI – Get Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 5,701 shares, a growth of 74.4% from the April 15th total of 3,269 shares. Based on an average daily volume of 5,274 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the company’s shares are sold short.
Hedge Funds Weigh In On AB International Buffer ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. Harbour Investments Inc. boosted its holdings in AB International Buffer ETF by 144.7% in the 4th quarter. Harbour Investments Inc. now owns 1,950 shares of the company’s stock valued at $78,000 after purchasing an additional 1,153 shares during the last quarter. ARQ Wealth Advisors LLC acquired a new position in AB International Buffer ETF in the 1st quarter valued at about $427,000. OLD Mission Capital LLC acquired a new position in AB International Buffer ETF in the 4th quarter valued at about $451,000. Finally, Alliancebernstein L.P. boosted its holdings in AB International Buffer ETF by 30.3% in the 3rd quarter. Alliancebernstein L.P. now owns 1,568,486 shares of the company’s stock valued at $61,089,000 after purchasing an additional 365,098 shares during the last quarter.
AB International Buffer ETF Stock Performance
NASDAQ:BUFI traded down $0.01 on Monday, hitting $41.54. The stock had a trading volume of 326 shares, compared to its average volume of 16,964. The company has a fifty day moving average price of $40.98 and a two-hundred day moving average price of $40.56. AB International Buffer ETF has a 1-year low of $36.99 and a 1-year high of $42.12.
About AB International Buffer ETF
The AB International Buffer ETF Intl Buffer ETF (BUFI) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of the iShares MSCI EAFE ETF (ticker: EFA), 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. BUFI was launched on Dec 9, 2024 and is issued by AB Funds.