Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Up 78.8% in December

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 190,431 shares, a growth of 78.8% from the November 30th total of 106,503 shares. Based on an average daily trading volume, of 69,326 shares, the days-to-cover ratio is presently 2.7 days. Approximately 4.4% of the shares of the company are short sold. Approximately 4.4% of the shares of the company are short sold. Based on an average daily trading volume, of 69,326 shares, the days-to-cover ratio is presently 2.7 days.

Militia Long/Short Equity ETF Price Performance

Shares of Militia Long/Short Equity ETF stock opened at $34.88 on Tuesday. Militia Long/Short Equity ETF has a 1-year low of $25.63 and a 1-year high of $35.03. The business’s fifty day moving average price is $32.90 and its two-hundred day moving average price is $31.40. The company has a market capitalization of $152.08 million, a P/E ratio of 11.19 and a beta of 1.14.

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.