iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Sees Significant Decline in Short Interest

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 22,364 shares, a decrease of 45.3% from the August 15th total of 40,902 shares. Based on an average daily volume of 29,466 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

A number of institutional investors have recently bought and sold shares of DJP. Highland Investment Advisors LLC purchased a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the second quarter valued at $41,000. Continuum Advisory LLC bought a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the 2nd quarter worth about $27,000. Heartland Bank & Trust Co purchased a new position in shares of iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter worth about $8,639,000. CoreCap Advisors LLC boosted its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 1.8% during the 2nd quarter. CoreCap Advisors LLC now owns 194,331 shares of the company’s stock worth $8,494,000 after purchasing an additional 3,393 shares during the period. Finally, Stillwater Private Wealth LLC purchased a new position in shares of iPath Bloomberg Commodity Index Total Return ETN during the 1st quarter worth about $1,135,000.

iPath Bloomberg Commodity Index Total Return ETN Price Performance

Shares of NYSEARCA:DJP traded down $0.34 during trading on Wednesday, hitting $53.24. The company had a trading volume of 44,181 shares, compared to its average volume of 89,487. The company has a fifty day simple moving average of $49.00 and a two-hundred day simple moving average of $47.84. iPath Bloomberg Commodity Index Total Return ETN has a one year low of $34.55 and a one year high of $53.62.

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.