Short Interest in Militia Long/Short Equity ETF (NASDAQ:ORR) Grows By 125.4%

Militia Long/Short Equity ETF (NASDAQ:ORR) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 65,172 shares, a growth of 125.4% from the May 14th total of 28,908 shares. Based on an average daily trading volume, of 128,874 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Militia Long/Short Equity ETF

A hedge fund recently bought a new stake in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC acquired a new position in Militia Long/Short Equity ETF (NASDAQ:ORR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 14,206 shares of the company’s stock, valued at approximately $518,000. Janney Montgomery Scott LLC owned approximately 0.12% of Militia Long/Short Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Militia Long/Short Equity ETF Stock Performance

NASDAQ ORR opened at $35.89 on Friday. Militia Long/Short Equity ETF has a one year low of $28.54 and a one year high of $39.39. The stock has a 50-day moving average of $36.34 and a 200 day moving average of $35.97. The company has a market capitalization of $384.38 million, a price-to-earnings ratio of 11.19 and a beta of 0.05.

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.