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

Militia Long/Short Equity ETF (NASDAQ:ORR) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 39,599 shares, a decrease of 55.2% from the August 15th total of 88,400 shares. Based on an average daily trading volume, of 56,335 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

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

Militia Long/Short Equity ETF Price Performance

ORR traded down $0.08 on Monday, hitting $38.77. The company had a trading volume of 5,866 shares, compared to its average volume of 193,746. The stock has a fifty day simple moving average of $38.14 and a 200-day simple moving average of $37.11. The firm has a market capitalization of $353.58 million, a P/E ratio of 11.19 and a beta of 0.02. Militia Long/Short Equity ETF has a 52-week low of $30.66 and a 52-week high of $39.80.

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.