Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Down 35.4% in June

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 55,416 shares, a drop of 35.4% from the June 15th total of 85,720 shares. Based on an average daily trading volume, of 91,328 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

Militia Long/Short Equity ETF Stock Performance

Shares of ORR stock opened at $36.83 on Friday. The firm has a market cap of $345.47 million, a price-to-earnings ratio of 11.19 and a beta of 0.05. Militia Long/Short Equity ETF has a 52 week low of $28.76 and a 52 week high of $39.39. The firm’s 50-day simple moving average is $36.41 and its two-hundred day simple moving average is $36.52.

Institutional Trading of Militia Long/Short Equity ETF

An institutional investor recently bought a new stake in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC purchased 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 filing with the SEC. The institutional investor purchased 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 as of its most recent filing with the SEC.

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.