iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Shares Shorted: Short Interest Up 106.2% in September

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 46,122 shares, an increase of 106.2% from the August 31st total of 22,364 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 50,873 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On iPath Bloomberg Commodity Index Total Return ETN

Institutional investors have recently made changes to their positions in the stock. Heartland Bank & Trust Co acquired a new position in iPath Bloomberg Commodity Index Total Return ETN during the second quarter worth $8,639,000. CoreCap Advisors LLC boosted its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 1.8% in the second quarter. CoreCap Advisors LLC now owns 194,331 shares of the company’s stock valued at $8,494,000 after purchasing an additional 3,393 shares during the period. Bruce G. Allen Investments LLC boosted its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 0.9% in the fourth quarter. Bruce G. Allen Investments LLC now owns 103,349 shares of the company’s stock valued at $3,887,000 after purchasing an additional 932 shares during the period. Ethos Financial Group LLC grew its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 5.3% in the first quarter. Ethos Financial Group LLC now owns 63,090 shares of the company’s stock valued at $3,037,000 after purchasing an additional 3,154 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in iPath Bloomberg Commodity Index Total Return ETN by 24.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 32,952 shares of the company’s stock worth $1,586,000 after buying an additional 6,571 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Price Performance

Shares of NYSEARCA:DJP opened at $51.24 on Wednesday. iPath Bloomberg Commodity Index Total Return ETN has a 12-month low of $35.09 and a 12-month high of $53.62. The business has a 50-day moving average price of $50.24 and a 200 day moving average price of $48.41.

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.