iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Stock Short Interest Report for October

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 116,204 shares, an increase of 167.4% from the September 30th total of 43,457 shares. Based on an average daily volume of 32,999 shares, the days-to-cover ratio is presently 3.5 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC bought a new stake in iPath Bloomberg Commodity Index Total Return ETN in the 2nd quarter valued at $27,000. Highland Investment Advisors LLC bought a new position in shares of iPath Bloomberg Commodity Index Total Return ETN during the 2nd quarter worth about $41,000. Parallel Advisors LLC increased 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 worth $504,000 after purchasing an additional 1,451 shares during the period. Ethos Financial Group LLC increased its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 5.3% during the 1st quarter. Ethos Financial Group LLC now owns 63,090 shares of the company’s stock worth $3,037,000 after purchasing an additional 3,154 shares during the period. Finally, CoreCap Advisors LLC raised its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 1.7% during the third quarter. CoreCap Advisors LLC now owns 197,560 shares of the company’s stock valued at $10,178,000 after buying an additional 3,229 shares during the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

DJP traded down $0.30 during trading on Thursday, hitting $51.61. The stock had a trading volume of 19,379 shares, compared to its average volume of 81,805. The company has a 50 day simple moving average of $51.99 and a 200-day simple moving average of $47.44. iPath Bloomberg Commodity Index Total Return ETN has a 12 month low of $35.97 and a 12 month high of $53.62.

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.