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

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC bought a new position in shares of Militia Long/Short Equity ETF (NASDAQ:ORR) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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 reporting period.

Militia Long/Short Equity ETF Stock Up 0.6%

Shares of Militia Long/Short Equity ETF stock traded up $0.22 on Friday, hitting $35.89. 101,387 shares of the company were exchanged, compared to its average volume of 264,397. The stock has a market capitalization of $384.38 million, a price-to-earnings ratio of 11.19 and a beta of 0.05. The company has a 50-day moving average price of $36.34 and a 200 day moving average price of $35.97. Militia Long/Short Equity ETF has a 1-year low of $28.54 and a 1-year high of $39.39.

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.