Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Up 143.4% in March

Militia Long/Short Equity ETF (NASDAQ:ORR) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 23,061 shares, an increase of 143.4% from the March 15th total of 9,473 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 210,268 shares, the days-to-cover ratio is currently 0.1 days.

Militia Long/Short Equity ETF Price Performance

Shares of NASDAQ:ORR traded down $0.52 during mid-day trading on Monday, reaching $37.22. 139,383 shares of the company traded hands, compared to its average volume of 324,310. The company’s 50 day moving average price is $37.35 and its 200-day moving average price is $34.71. The firm has a market cap of $421.33 million, a PE ratio of 11.19 and a beta of 0.36. Militia Long/Short Equity ETF has a 52 week low of $27.19 and a 52 week high of $39.39.

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.