Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Up 125.4% in May

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 65,172 shares, a growth of 125.4% from the May 14th total of 28,908 shares. Based on an average trading volume of 128,874 shares, the short-interest ratio is presently 0.5 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 $35.89 on Monday. The stock’s 50 day simple moving average is $36.34 and its 200 day simple moving average is $35.99. Militia Long/Short Equity ETF has a twelve month low of $28.54 and a twelve month high of $39.39. The company has a market capitalization of $384.38 million, a price-to-earnings ratio of 11.19 and a beta of 0.05.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC acquired a new stake in Militia Long/Short Equity ETF (NASDAQ:ORR) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 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.