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

Militia Long/Short Equity ETF (NASDAQ:ORR) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 270,321 shares, a growth of 289.6% from the October 15th total of 69,380 shares. Based on an average daily volume of 57,931 shares, the short-interest ratio is currently 4.7 days. Approximately 3.0% of the company’s shares are short sold.

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 stake in shares of Militia Long/Short Equity ETF (NASDAQ:ORR) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

Militia Long/Short Equity ETF Stock Performance

NASDAQ ORR opened at $39.49 on Thursday. Militia Long/Short Equity ETF has a twelve month low of $32.44 and a twelve month high of $39.80. The stock has a market cap of $359.36 million, a price-to-earnings ratio of 11.19 and a beta of 0.04. The firm’s 50 day moving average price is $38.58 and its two-hundred day moving average price is $37.45.

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.