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

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 15,303 shares, a drop of 82.8% from the May 31st total of 88,806 shares. Based on an average trading volume of 119,174 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

iPath Bloomberg Commodity Index Total Return ETN Stock Down 0.8%

NYSEARCA:DJP traded down $0.33 during trading hours on Friday, hitting $43.65. The stock had a trading volume of 57,348 shares, compared to its average volume of 110,295. iPath Bloomberg Commodity Index Total Return ETN has a one year low of $33.18 and a one year high of $51.73. The business’s 50 day moving average is $48.09 and its 200-day moving average is $44.32.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

Large investors have recently made changes to their positions in the company. Ethos Financial Group LLC bought a new position in iPath Bloomberg Commodity Index Total Return ETN during the fourth quarter worth about $2,254,000. Acima Private Wealth LLC increased its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 2.1% in the fourth quarter. Acima Private Wealth LLC now owns 174,291 shares of the company’s stock worth $6,555,000 after acquiring an additional 3,615 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 3.7% during the fourth quarter. CoreCap Advisors LLC now owns 184,648 shares of the company’s stock worth $6,945,000 after purchasing an additional 6,636 shares during the period. Stillwater Private Wealth LLC acquired a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN during the first quarter worth about $1,135,000. Finally, Parallel Advisors LLC lifted its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 16.1% during the 1st quarter. Parallel Advisors LLC now owns 10,466 shares of the company’s stock valued at $504,000 after purchasing an additional 1,451 shares in the last quarter.

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.