iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) Short Interest Update

iPath Bloomberg Commodity Index Total Return ETN (NYSEARCA:DJP) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 88,806 shares, a decrease of 62.7% from the May 14th total of 238,318 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 75,565 shares, the short-interest ratio is currently 1.2 days.

iPath Bloomberg Commodity Index Total Return ETN Stock Performance

Shares of DJP stock traded down $0.27 during trading hours on Friday, reaching $45.99. 41,628 shares of the company’s stock were exchanged, compared to its average volume of 113,031. The stock’s 50 day moving average is $48.73 and its 200-day moving average is $43.83. iPath Bloomberg Commodity Index Total Return ETN has a fifty-two week low of $33.18 and a fifty-two week high of $51.73.

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

Several hedge funds have recently made changes to their positions in DJP. BNP Paribas Financial Markets acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 3rd quarter valued at $11,673,000. Ethos Financial Group LLC acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 4th quarter valued at $2,254,000. Stillwater Private Wealth LLC acquired a new position in shares of iPath Bloomberg Commodity Index Total Return ETN in the 1st quarter valued at $1,135,000. Heartland Bank & Trust Co increased its position in shares of iPath Bloomberg Commodity Index Total Return ETN by 8.3% in the 1st quarter. Heartland Bank & Trust Co now owns 196,355 shares of the company’s stock valued at $9,453,000 after acquiring an additional 14,992 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of 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 valued at $7,433,000 after acquiring an additional 13,426 shares during the period.

iPath Bloomberg Commodity Index Total Return ETN Company Profile

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.