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

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 832,865 shares, a growth 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 currently 4.9 days. Currently, 4.9% of the shares of the stock are short sold. Currently, 4.9% of the shares of the stock are short sold. Based on an average daily volume of 169,947 shares, the short-interest ratio is currently 4.9 days.

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

A number of large investors have recently bought and sold shares of the business. Parallel Advisors LLC grew its holdings in shares of 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 valued at $339,000 after buying an additional 8,675 shares during the last quarter. Bruce G. Allen Investments LLC increased its holdings 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. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the fourth quarter valued at about $150,000. Heartland Bank & Trust Co raised its stake 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 worth $6,821,000 after purchasing an additional 676 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iPath Bloomberg Commodity Index Total Return ETN by 149.1% during the fourth quarter. Farther Finance Advisors LLC now owns 862 shares of the company’s stock worth $32,000 after purchasing an additional 516 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Trading Up 0.5%

DJP stock traded up $0.19 during midday trading on Friday, reaching $40.85. 39,483 shares of the company traded hands, compared to its average volume of 143,950. The business has a 50 day moving average of $39.36 and a 200-day moving average of $36.82. iPath Bloomberg Commodity Index Total Return ETN has a 52-week low of $31.48 and a 52-week high of $44.52.

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.