Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Increases By 363.6%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 832,865 shares, an increase of 363.6% from the January 15th total of 179,669 shares. Based on an average daily volume of 169,947 shares, the short-interest ratio is presently 4.9 days. Approximately 4.9% of the company’s shares are sold short. Approximately 4.9% of the company’s shares are sold short. Based on an average daily volume of 169,947 shares, the short-interest ratio is presently 4.9 days.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

iPath Bloomberg Commodity Index Total Return ETN stock traded up $0.19 on Friday, hitting $40.85. 22,354 shares of the stock traded hands, compared to its average volume of 143,376. The business’s fifty day simple moving average is $39.36 and its 200 day simple moving average is $36.82. iPath Bloomberg Commodity Index Total Return ETN has a 1 year low of $31.48 and a 1 year high of $44.52.

Hedge Funds Weigh In On iPath Bloomberg Commodity Index Total Return ETN

Several large investors have recently added to or reduced their stakes in DJP. BNP Paribas Financial Markets bought a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 3rd quarter valued at about $11,673,000. Ameriprise Financial Inc. boosted its stake 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 worth $7,433,000 after buying an additional 13,426 shares during the last quarter. CoreCap Advisors LLC raised its holdings in iPath Bloomberg Commodity Index Total Return ETN by 3.7% in the 4th quarter. CoreCap Advisors LLC now owns 184,648 shares of the company’s stock worth $6,945,000 after purchasing an additional 6,636 shares during the period. Heartland Bank & Trust Co raised its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 0.4% during the fourth quarter. Heartland Bank & Trust Co now owns 181,363 shares of the company’s stock valued at $6,821,000 after acquiring an additional 676 shares during the last quarter. Finally, Acima Private Wealth LLC lifted its stake in iPath Bloomberg Commodity Index Total Return ETN by 2.1% in the 4th quarter. Acima Private Wealth LLC now owns 174,291 shares of the company’s stock worth $6,555,000 after purchasing an additional 3,615 shares in the last quarter.

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.