Traders are feeling more bullish of late as implied by the fall in short interest. The stock realized a fall in short interest between September 29, 2017 and October 13, 2017 of -66.06%. Short shares decreased from 6,164 to 2,092 over that timeframe. The short-interest ratio decreased to 2.0 and the percentage of shorted shares is 0.00% as of October 13.
These funds have shifted positions in (DLBS). Kcg Holdings, Inc. cut its stake by selling 3,380 shares a decrease of 12.7% in the quarter. Kcg Holdings, Inc. currently owns 23,231 shares with a value of $397,000. The value of the position overall is down by 22.5%. As of the end of the quarter Ubs Group Ag had acquired a total of 1,626 shares growing its position 501.9%. The value of the investment in (DLBS) increased from $6,000 to $33,000 a change of $27,000 for the reporting period.
As of quarter end Jane Street Group, LLC had bought 12,601 shares growing its stake by 46.4%. The value of the investment in DLBS went from $514,000 to $672,000 a change of 30.7% since the last quarter. As of quarter end Stokes & Hubbell Capital Management, LLC had disposed of 154 shares trimming its holdings by 0.2%. The value in dollars went from $1,343,000 to $1,337,000 decreasing 0.4% quarter over quarter.
The company is now down by 3.56% percent from yesterday’s close. Ipath Long Bond Bear currently has a P/E ratio of N/A and market capitalization is 26.16M.
The iPath US Treasury Long Bond Bear ETN is designed to provide investors with inverse exposure to the Barclays Long Bond US Treasury Futures Targeted Exposure Index. The Barclays Long Bond US Treasury Futures Targeted Exposure Index (the ‘Index’) is designed to decrease in response to an increase in the long-dated Treasury bond yields and to increase in response to a decrease in long-dated Treasury bond yields. The Index targets a fixed level of sensitivity to changes in the yield of the current cheapest-to-deliver bond underlying the relevant long-dated Treasury futures contract at a given point in time..