Short Interest in Militia Long/Short Equity ETF (NASDAQ:ORR) Decreases By 35.4%

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

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 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Militia Long/Short Equity ETF Trading Down 0.3%

NASDAQ:ORR opened at $36.83 on Friday. The company has a market capitalization of $341.05 million, a P/E ratio of 11.19 and a beta of 0.05. The firm has a 50-day moving average price of $36.41 and a two-hundred day moving average price of $36.52. Militia Long/Short Equity ETF has a twelve month low of $28.76 and a twelve month high of $39.39.

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.