Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Increases By 101.2%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 86,033 shares, a growth of 101.2% from the November 30th total of 42,754 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 68,566 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 68,566 shares, the short-interest ratio is presently 1.3 days. Approximately 0.5% of the shares of the stock are sold short.

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

Large investors have recently made changes to their positions in the company. Lyell Wealth Management LP bought a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 2nd quarter valued at about $216,000. Nvwm LLC raised its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 45.3% during the third quarter. Nvwm LLC now owns 25,060 shares of the company’s stock worth $888,000 after buying an additional 7,815 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in iPath Bloomberg Commodity Index Total Return ETN by 3.3% in the third quarter. CoreCap Advisors LLC now owns 178,012 shares of the company’s stock valued at $6,309,000 after buying an additional 5,670 shares during the period. Bruce G. Allen Investments LLC boosted its stake in iPath Bloomberg Commodity Index Total Return ETN by 5.0% in the third quarter. Bruce G. Allen Investments LLC now owns 102,417 shares of the company’s stock valued at $3,630,000 after acquiring an additional 4,909 shares during the last quarter. Finally, Richardson Capital Management LLC acquired a new stake in iPath Bloomberg Commodity Index Total Return ETN during the 3rd quarter worth $31,000.

iPath Bloomberg Commodity Index Total Return ETN Price Performance

NYSEARCA DJP traded up $0.56 on Friday, hitting $38.86. 13,798 shares of the company were exchanged, compared to its average volume of 66,246. The company’s 50 day moving average price is $37.17 and its 200-day moving average price is $35.56. iPath Bloomberg Commodity Index Total Return ETN has a twelve month low of $31.48 and a twelve month high of $38.86.

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.