Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Rises By 68.9%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 40,580 shares, a growth of 68.9% from the June 30th total of 24,019 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 75,271 shares, the short-interest ratio is currently 0.5 days.

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

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in iPath Bloomberg Commodity Index Total Return ETN by 21.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,974 shares of the company’s stock valued at $602,000 after buying an additional 2,984 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the 3rd quarter worth approximately $11,673,000. Ameriprise Financial Inc. boosted its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 6.8% in the third 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 in the last quarter. Ethos Financial Group LLC acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN during the fourth quarter valued at approximately $2,254,000. Finally, Farther Finance Advisors LLC increased its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 149.1% during the fourth quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock valued at $32,000 after acquiring an additional 516 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Trading Down 0.1%

Shares of DJP stock opened at $47.37 on Friday. iPath Bloomberg Commodity Index Total Return ETN has a 1 year low of $33.18 and a 1 year high of $51.73. The stock has a fifty day moving average of $46.40 and a two-hundred day moving average of $45.75.

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.