iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Short Interest Up 83.3% in December

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 157,688 shares, an increase of 83.3% from the December 15th total of 86,033 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 50,530 shares, the short-interest ratio is presently 3.1 days. Based on an average trading volume of 50,530 shares, the short-interest ratio is presently 3.1 days. Currently, 0.9% of the company’s stock are sold short.

iPath Bloomberg Commodity Index Total Return ETN Trading Down 0.9%

NYSEARCA:DJP traded down $0.35 during trading hours on Thursday, reaching $39.29. 65,266 shares of the stock were exchanged, compared to its average volume of 110,607. The firm has a 50 day simple moving average of $37.73 and a 200-day simple moving average of $35.88. iPath Bloomberg Commodity Index Total Return ETN has a 52 week low of $31.48 and a 52 week high of $39.90.

Institutional Trading of iPath Bloomberg Commodity Index Total Return ETN

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in shares of iPath Bloomberg Commodity Index Total Return ETN in the third quarter valued at approximately $11,673,000. Ameriprise Financial Inc. grew its holdings in iPath Bloomberg Commodity Index Total Return ETN by 6.8% in 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. Nvwm LLC grew its holdings in iPath Bloomberg Commodity Index Total Return ETN by 45.3% in the 3rd quarter. Nvwm LLC now owns 25,060 shares of the company’s stock worth $888,000 after buying an additional 7,815 shares in the last quarter. Acima Private Wealth LLC increased its position in iPath Bloomberg Commodity Index Total Return ETN by 4.4% in the 3rd quarter. Acima Private Wealth LLC now owns 170,676 shares of the company’s stock valued at $6,049,000 after acquiring an additional 7,174 shares during the period. Finally, CoreCap Advisors LLC raised its stake in iPath Bloomberg Commodity Index Total Return ETN by 3.7% during the 4th quarter. CoreCap Advisors LLC now owns 184,648 shares of the company’s stock valued at $6,945,000 after acquiring an additional 6,636 shares in the last quarter.

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.