iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Short Interest Update

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 64,429 shares, a decrease of 60.2% from the February 12th total of 161,773 shares. Based on an average daily trading volume, of 44,359 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 44,359 shares, the days-to-cover ratio is presently 1.5 days.

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

A number of hedge funds have recently modified their holdings of DJP. Parallel Advisors LLC raised its holdings in iPath Bloomberg Commodity Index Total Return ETN by 2,551.5% during the fourth quarter. Parallel Advisors LLC now owns 9,015 shares of the company’s stock worth $339,000 after purchasing an additional 8,675 shares in the last quarter. Bruce G. Allen Investments LLC raised its holdings in iPath Bloomberg Commodity Index Total Return ETN by 0.9% during the fourth quarter. Bruce G. Allen Investments LLC now owns 103,349 shares of the company’s stock worth $3,887,000 after purchasing an additional 932 shares during the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the 4th quarter worth about $150,000. Heartland Bank & Trust Co lifted its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 0.4% in the fourth quarter. Heartland Bank & Trust Co now owns 181,363 shares of the company’s stock valued at $6,821,000 after purchasing an additional 676 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in iPath Bloomberg Commodity Index Total Return ETN by 149.1% during the 4th quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock valued at $32,000 after buying an additional 516 shares during the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

iPath Bloomberg Commodity Index Total Return ETN stock traded down $0.22 during midday trading on Friday, reaching $47.72. 91,330 shares of the stock traded hands, compared to its average volume of 136,646. The company has a 50-day simple moving average of $41.76 and a two-hundred day simple moving average of $38.24. iPath Bloomberg Commodity Index Total Return ETN has a 12-month low of $31.48 and a 12-month high of $48.22.

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.