Militia Long/Short Equity ETF (NASDAQ:ORR) Sees Significant Increase in Short Interest

Militia Long/Short Equity ETF (NASDAQ:ORR) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 190,431 shares, an increase of 78.8% from the November 30th total of 106,503 shares. Currently, 4.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 69,326 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 69,326 shares, the short-interest ratio is currently 2.7 days. Currently, 4.4% of the shares of the stock are sold short.

Militia Long/Short Equity ETF Price Performance

Shares of ORR traded up $0.54 during mid-day trading on Monday, reaching $34.88. The stock had a trading volume of 176,565 shares, compared to its average volume of 47,844. The business’s fifty day moving average is $32.83 and its 200 day moving average is $31.36. Militia Long/Short Equity ETF has a 52-week low of $25.63 and a 52-week high of $35.03. The firm has a market cap of $152.08 million, a price-to-earnings ratio of 11.19 and a beta of 1.14.

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.