Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Up 138.8% in May

Militia Long/Short Equity ETF (NASDAQ:ORRGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 28,908 shares, an increase of 138.8% from the April 30th total of 12,107 shares. Based on an average daily trading volume, of 149,291 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are sold short.

Militia Long/Short Equity ETF Stock Performance

ORR traded down $0.39 during midday trading on Monday, reaching $35.49. 107,567 shares of the company were exchanged, compared to its average volume of 273,918. Militia Long/Short Equity ETF has a one year low of $28.26 and a one year high of $39.39. The stock has a market capitalization of $380.10 million, a P/E ratio of 11.19 and a beta of 0.09. The stock’s 50-day simple moving average is $36.47 and its 200 day simple moving average is $35.80.

Hedge Funds Weigh In On Militia Long/Short Equity ETF

An institutional investor recently bought a new position in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC acquired a new stake in shares of Militia Long/Short Equity ETF (NASDAQ:ORRFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

Militia Long/Short Equity ETF Company Profile

(Get Free Report)

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.

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