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

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 11,895 shares, a decline of 64.2% from the July 15th total of 33,231 shares. Based on an average daily volume of 58,106 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% 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 position in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC acquired a new position in Militia Long/Short Equity ETF (NASDAQ:ORR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,206 shares of the company’s stock, valued at approximately $518,000. Janney Montgomery Scott LLC owned about 0.12% of Militia Long/Short Equity ETF at the end of the most recent quarter.

Militia Long/Short Equity ETF Trading Down 0.1%

NASDAQ:ORR traded down $0.03 during mid-day trading on Friday, hitting $38.54. 22,761 shares of the company’s stock traded hands, compared to its average volume of 212,578. The firm has a market capitalization of $351.48 million, a price-to-earnings ratio of 11.19 and a beta of 0.03. The firm has a 50 day moving average of $37.10 and a two-hundred day moving average of $36.94. Militia Long/Short Equity ETF has a 12 month low of $30.66 and a 12 month high of $39.80.

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.