AB International Buffer ETF (NASDAQ:BUFI) Short Interest Update

AB International Buffer ETF (NASDAQ:BUFI) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 7,884 shares, a drop of 50.5% from the June 30th total of 15,932 shares. Based on an average trading volume of 25,763 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

AB International Buffer ETF Trading Down 0.2%

AB International Buffer ETF stock traded down $0.10 during trading on Wednesday, hitting $42.16. 8,362 shares of the company were exchanged, compared to its average volume of 15,843. The business’s 50 day moving average is $42.25 and its 200 day moving average is $41.50. AB International Buffer ETF has a 52 week low of $37.30 and a 52 week high of $42.81.

Hedge Funds Weigh In On AB International Buffer ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BUFI. Harbour Investments Inc. boosted its stake in AB International Buffer ETF by 144.7% in the fourth quarter. Harbour Investments Inc. now owns 1,950 shares of the company’s stock valued at $78,000 after acquiring an additional 1,153 shares during the last quarter. ARQ Wealth Advisors LLC purchased a new stake in shares of AB International Buffer ETF during the 1st quarter valued at approximately $427,000. OLD Mission Capital LLC purchased a new stake in shares of AB International Buffer ETF during the fourth quarter worth $451,000. Finally, Alliancebernstein L.P. boosted its stake in AB International Buffer ETF by 68.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,203,388 shares of the company’s stock worth $45,446,000 after purchasing an additional 490,567 shares during the period.

AB International Buffer ETF Company Profile

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.