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

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

Militia Long/Short Equity ETF Trading Down 1.4%

Shares of ORR stock opened at $37.22 on Tuesday. Militia Long/Short Equity ETF has a 1 year low of $27.19 and a 1 year high of $39.39. The firm’s fifty day simple moving average is $37.35 and its 200 day simple moving average is $34.71. The firm has a market capitalization of $421.33 million, a P/E ratio of 11.19 and a beta of 0.36.

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.