Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Drops By 82.8%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJPGet Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 15,303 shares, a drop of 82.8% from the May 31st total of 88,806 shares. Based on an average daily trading volume, of 119,174 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 21.3% during the third quarter. JPMorgan Chase & Co. now owns 16,974 shares of the company’s stock worth $602,000 after purchasing an additional 2,984 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in iPath Bloomberg Commodity Index Total Return ETN during the 3rd quarter worth approximately $11,673,000. Ameriprise Financial Inc. lifted its holdings in iPath Bloomberg Commodity Index Total Return ETN by 6.8% during the 3rd 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 in the last quarter. CoreCap Advisors LLC boosted its position 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 valued at $6,945,000 after buying an additional 6,636 shares during the period. Finally, Acima Private Wealth LLC grew its stake in shares of iPath Bloomberg Commodity Index Total Return ETN by 2.1% in the fourth quarter. Acima Private Wealth LLC now owns 174,291 shares of the company’s stock worth $6,555,000 after acquiring an additional 3,615 shares in the last quarter.

iPath Bloomberg Commodity Index Total Return ETN Trading Up 1.9%

DJP stock opened at $43.98 on Friday. The business’s fifty day moving average price is $48.16 and its 200 day moving average price is $44.33. iPath Bloomberg Commodity Index Total Return ETN has a 12-month low of $33.18 and a 12-month high of $51.73.

About iPath Bloomberg Commodity Index Total Return ETN

(Get Free Report)

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.

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