Militia Long/Short Equity ETF (NASDAQ:ORR) Sees Large Growth in Short Interest

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 249,779 shares, a growth of 19.4% from the December 31st total of 209,224 shares. Based on an average daily trading volume, of 287,391 shares, the days-to-cover ratio is presently 0.9 days. Currently, 3.1% of the company’s stock are sold short. Currently, 3.1% of the company’s stock are sold short. Based on an average daily trading volume, of 287,391 shares, the days-to-cover ratio is presently 0.9 days.

Militia Long/Short Equity ETF Price Performance

Militia Long/Short Equity ETF stock traded up $0.14 during mid-day trading on Wednesday, hitting $37.01. The company’s stock had a trading volume of 359,845 shares, compared to its average volume of 306,376. Militia Long/Short Equity ETF has a 52-week low of $25.85 and a 52-week high of $37.60. The company has a market cap of $311.25 million, a PE ratio of 11.19 and a beta of 1.14. The firm’s 50 day moving average is $34.55 and its 200 day moving average is $32.57.

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.