Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Up 885.6% in February

Militia Long/Short Equity ETF (NASDAQ:ORR) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 805,040 shares, an increase of 885.6% from the January 29th total of 81,680 shares. Approximately 9.3% of the shares of the stock are short sold. Based on an average daily volume of 437,602 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily volume of 437,602 shares, the days-to-cover ratio is currently 1.8 days. Approximately 9.3% of the shares of the stock are short sold.

Militia Long/Short Equity ETF Price Performance

Shares of ORR traded up $0.30 during midday trading on Wednesday, reaching $38.99. The stock had a trading volume of 585,165 shares, compared to its average volume of 355,760. The company has a market capitalization of $337.65 million, a P/E ratio of 11.19 and a beta of 1.14. The firm’s 50 day moving average price is $36.13 and its 200-day moving average price is $33.46. Militia Long/Short Equity ETF has a 52 week low of $25.85 and a 52 week high of $39.12.

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.