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 significant growth in short interest in the month of 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. Based on an average trading volume of 33,878 shares, the short-interest ratio is presently 1.2 days. Currently, 0.2% of the company’s stock are sold short.

iPath Bloomberg Commodity Index Total Return ETN Trading Up 1.4%

Shares of NYSEARCA DJP traded up $0.69 during midday trading on Monday, hitting $51.35. 34,514 shares of the stock traded hands, compared to its average volume of 92,089. iPath Bloomberg Commodity Index Total Return ETN has a one year low of $34.21 and a one year high of $51.73. The business has a 50 day moving average price of $47.11 and a two-hundred day moving average price of $46.98.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 21.3% in the third 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 in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN during the third quarter valued at about $11,673,000. Ameriprise Financial Inc. increased its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 6.8% during the third quarter. Ameriprise Financial Inc. now owns 209,728 shares of the company’s stock worth $7,433,000 after acquiring an additional 13,426 shares in the last quarter. Farther Finance Advisors LLC increased its position 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 worth $32,000 after acquiring an additional 516 shares in the last quarter. Finally, Heartland Bank & Trust Co raised its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 0.4% in the 4th quarter. Heartland Bank & Trust Co now owns 181,363 shares of the company’s stock worth $6,821,000 after acquiring an additional 676 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.