Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Increases By 70.3%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 40,902 shares, a growth of 70.3% from the July 30th total of 24,014 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 33,878 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On iPath Bloomberg Commodity Index Total Return ETN

Institutional investors and hedge funds have recently bought and sold shares of the stock. Continuum Advisory LLC bought a new position in iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter valued at $27,000. Farther Finance Advisors LLC grew its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 149.1% in the 4th quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock worth $32,000 after acquiring an additional 516 shares in the last quarter. Highland Investment Advisors LLC bought a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the 2nd quarter worth $41,000. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the fourth quarter valued at about $150,000. Finally, Parallel Advisors LLC raised its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 2,551.5% in the fourth quarter. Parallel Advisors LLC now owns 9,015 shares of the company’s stock valued at $339,000 after purchasing an additional 8,675 shares during the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

Shares of iPath Bloomberg Commodity Index Total Return ETN stock traded up $0.69 on Monday, hitting $51.35. The company had a trading volume of 34,514 shares, compared to its average volume of 92,089. iPath Bloomberg Commodity Index Total Return ETN has a 1 year low of $34.21 and a 1 year high of $51.73. The stock has a 50 day moving average of $47.11 and a 200-day moving average of $46.98.

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.