Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Down 67.3% in January

Militia Long/Short Equity ETF (NASDAQ:ORR) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 81,680 shares, a drop of 67.3% from the January 15th total of 249,779 shares. Based on an average trading volume of 251,012 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the shares of the stock are sold short. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 251,012 shares, the days-to-cover ratio is presently 0.3 days.

Militia Long/Short Equity ETF Stock Performance

Militia Long/Short Equity ETF stock traded down $0.01 during midday trading on Thursday, reaching $38.46. 379,080 shares of the stock were exchanged, compared to its average volume of 350,196. The company’s fifty day moving average is $35.08 and its 200-day moving average is $32.90. Militia Long/Short Equity ETF has a 52 week low of $25.85 and a 52 week high of $38.78. The firm has a market cap of $333.06 million, a PE ratio of 11.19 and a beta of 1.14.

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.