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

Militia Long/Short Equity ETF (NASDAQ:ORR) saw a large decline in short interest in 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 days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Militia Long/Short Equity ETF Stock Performance

Shares of ORR traded down $0.03 during trading hours on Friday, reaching $38.54. 22,761 shares of the company traded hands, compared to its average volume of 212,578. The stock’s fifty day moving average is $37.10 and its 200 day moving average is $36.94. The stock has a market cap of $351.48 million, a P/E ratio of 11.19 and a beta of 0.03. Militia Long/Short Equity ETF has a 1-year low of $30.66 and a 1-year high of $39.80.

Hedge Funds Weigh In On Militia Long/Short Equity ETF

A hedge fund recently bought a new stake in Militia Long/Short Equity ETF stock. Janney Montgomery Scott LLC acquired a new position in Militia Long/Short Equity ETF (NASDAQ:ORR) in the first quarter, according to the company in its most recent 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 0.12% of Militia Long/Short Equity ETF at the end of the most recent quarter.

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.