iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Stock Short Interest Climbs 167.4%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 116,204 shares, a growth of 167.4% from the September 30th total of 43,457 shares. Based on an average daily volume of 32,999 shares, the short-interest ratio is presently 3.5 days. Currently, 0.7% of the company’s stock are sold short.

iPath Bloomberg Commodity Index Total Return ETN Trading Down 0.6%

NYSEARCA:DJP opened at $51.28 on Friday. iPath Bloomberg Commodity Index Total Return ETN has a one year low of $36.30 and a one year high of $53.62. The stock has a 50-day simple moving average of $52.04 and a 200 day simple moving average of $47.57.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of DJP. Continuum Advisory LLC bought a new position in iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter worth $27,000. Highland Investment Advisors LLC acquired a new stake in iPath Bloomberg Commodity Index Total Return ETN in the second quarter worth $41,000. Parallel Advisors LLC increased its position in iPath Bloomberg Commodity Index Total Return ETN by 16.1% in the first quarter. Parallel Advisors LLC now owns 10,466 shares of the company’s stock worth $504,000 after buying an additional 1,451 shares during the period. Ethos Financial Group LLC increased its position in iPath Bloomberg Commodity Index Total Return ETN by 5.3% in the first quarter. Ethos Financial Group LLC now owns 63,090 shares of the company’s stock worth $3,037,000 after buying an additional 3,154 shares during the period. Finally, CoreCap Advisors LLC lifted its stake in iPath Bloomberg Commodity Index Total Return ETN by 1.7% in the third quarter. CoreCap Advisors LLC now owns 197,560 shares of the company’s stock valued at $10,178,000 after buying an additional 3,229 shares during the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Company Profile

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.