Short Interest in iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Decreases By 60.2%

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 64,429 shares, a decline of 60.2% from the February 12th total of 161,773 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 44,359 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 44,359 shares, the short-interest ratio is presently 1.5 days. Currently, 0.4% of the company’s stock are sold short.

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

Several institutional investors have recently added to or reduced their stakes in the business. Richardson Capital Management LLC purchased a new position in iPath Bloomberg Commodity Index Total Return ETN during the 3rd quarter worth approximately $31,000. Farther Finance Advisors LLC boosted its position in 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 in the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new stake in iPath Bloomberg Commodity Index Total Return ETN in the 4th quarter valued at $150,000. Parallel Advisors LLC raised its position in 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 worth $339,000 after acquiring an additional 8,675 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 21.3% in the third 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 period.

iPath Bloomberg Commodity Index Total Return ETN Trading Down 0.5%

Shares of NYSEARCA DJP traded down $0.22 during mid-day trading on Friday, reaching $47.72. 91,330 shares of the company were exchanged, compared to its average volume of 136,646. iPath Bloomberg Commodity Index Total Return ETN has a 1 year low of $31.48 and a 1 year high of $48.22. The firm has a 50-day moving average of $41.76 and a 200 day moving average of $38.24.

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.