iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Short Interest Update

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 24,014 shares, a drop of 40.8% from the July 15th total of 40,580 shares. Based on an average trading volume of 35,288 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DJP. BNP Paribas Financial Markets acquired a new position in iPath Bloomberg Commodity Index Total Return ETN during the third quarter worth about $11,673,000. Ameriprise Financial Inc. lifted its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 209,728 shares of the company’s stock valued at $7,433,000 after acquiring an additional 13,426 shares during the period. Heartland Bank & Trust Co purchased a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter worth approximately $8,639,000. CoreCap Advisors LLC grew its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 1.8% in the 2nd quarter. CoreCap Advisors LLC now owns 194,331 shares of the company’s stock worth $8,494,000 after acquiring an additional 3,393 shares during the period. Finally, Bruce G. Allen Investments LLC grew its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 0.9% in the 4th quarter. Bruce G. Allen Investments LLC now owns 103,349 shares of the company’s stock worth $3,887,000 after acquiring an additional 932 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

Shares of NYSEARCA DJP opened at $48.61 on Monday. iPath Bloomberg Commodity Index Total Return ETN has a one year low of $33.18 and a one year high of $51.73. The company’s fifty day moving average is $46.14 and its two-hundred day moving average is $46.32.

About iPath Bloomberg Commodity Index Total Return ETN

The iPath Bloomberg Commodity Index Total Return ETN (DJP) is an exchange-traded note that is based on the Bloomberg Commodity index. The fund tracks a broad basket of commodity contracts with varying roll schedules. Contract maturity can range from one to five months. DJP was launched on Jun 6, 2006 and is issued by iPath.