Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Update

Militia Long/Short Equity ETF (NASDAQ:ORR) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 88,400 shares, a growth of 643.2% from the July 30th total of 11,895 shares. Based on an average daily volume of 74,107 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.0% of the shares of the company are short sold.

Institutional Trading of Militia Long/Short Equity ETF

An institutional investor recently bought a new position in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC bought a new position in shares of Militia Long/Short Equity ETF (NASDAQ:ORR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,206 shares of the company’s stock, valued at approximately $518,000. Janney Montgomery Scott LLC owned about 0.12% of Militia Long/Short Equity ETF at the end of the most recent reporting period.

Militia Long/Short Equity ETF Stock Performance

NASDAQ ORR traded down $0.03 during trading hours on Thursday, reaching $38.95. The stock had a trading volume of 25,445 shares, compared to its average volume of 204,420. Militia Long/Short Equity ETF has a 52-week low of $30.66 and a 52-week high of $39.80. The stock has a fifty day moving average of $37.55 and a 200 day moving average of $37.07. The stock has a market cap of $355.22 million, a P/E ratio of 11.19 and a beta of 0.03.

Militia Long/Short Equity ETF Company Profile

The Militia Long/Short Equity ETF (ORR) is an exchange-traded fund that mostly invests in long/short alternatives. The fund is an actively managed, high turnover, long/short global equity fund. The long side aims to establish positions in companies in Developed Markets outside of the US with strong expected future cash flows ORR was launched on Jan 15, 2025 and is issued by Militia.