Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Expands By 1,165.7%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 238,318 shares, a growth of 1,165.7% from the April 30th total of 18,829 shares. Based on an average daily trading volume, of 91,606 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DJP. Farther Finance Advisors LLC raised its stake in iPath Bloomberg Commodity Index Total Return ETN by 149.1% in the 4th quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock valued at $32,000 after purchasing an additional 516 shares during the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new position in iPath Bloomberg Commodity Index Total Return ETN in the 4th quarter valued at about $150,000. Parallel Advisors LLC raised its stake in iPath Bloomberg Commodity Index Total Return ETN by 2,551.5% in the 4th quarter. Parallel Advisors LLC now owns 9,015 shares of the company’s stock valued at $339,000 after purchasing an additional 8,675 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iPath Bloomberg Commodity Index Total Return ETN by 21.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,974 shares of the company’s stock valued at $602,000 after purchasing an additional 2,984 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in iPath Bloomberg Commodity Index Total Return ETN by 24.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 32,952 shares of the company’s stock valued at $1,586,000 after purchasing an additional 6,571 shares during the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Price Performance

Shares of iPath Bloomberg Commodity Index Total Return ETN stock traded down $0.36 on Friday, hitting $48.39. The company’s stock had a trading volume of 103,478 shares, compared to its average volume of 111,475. iPath Bloomberg Commodity Index Total Return ETN has a 52-week low of $33.01 and a 52-week high of $51.73. The firm has a fifty day moving average price of $48.63 and a 200-day moving average price of $43.10.

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.