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

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 39,599 shares, a drop of 55.2% from the August 15th total of 88,400 shares. Based on an average daily trading volume, of 56,335 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the company’s shares are short sold.

Militia Long/Short Equity ETF Stock Down 0.2%

Shares of ORR traded down $0.08 during mid-day trading on Monday, hitting $38.77. 5,866 shares of the company’s stock traded hands, compared to its average volume of 193,746. The firm has a market capitalization of $353.58 million, a P/E ratio of 11.19 and a beta of 0.02. The business’s 50-day moving average price is $38.14 and its 200-day moving average price is $37.11. Militia Long/Short Equity ETF has a 1 year low of $30.66 and a 1 year high of $39.80.

Institutional Inflows and Outflows

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

About Militia Long/Short Equity ETF

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.