Militia Long/Short Equity ETF (NASDAQ:ORR) Short Interest Down 97.7% in March

Militia Long/Short Equity ETF (NASDAQ:ORR) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 9,473 shares, a drop of 97.7% from the February 26th total of 416,850 shares. Based on an average daily trading volume, of 412,600 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 412,600 shares, the days-to-cover ratio is presently 0.0 days.

Militia Long/Short Equity ETF Price Performance

Militia Long/Short Equity ETF stock traded up $0.27 during midday trading on Tuesday, hitting $36.31. 119,019 shares of the company were exchanged, compared to its average volume of 357,941. The company has a market cap of $314.44 million, a PE ratio of 11.19 and a beta of 1.14. Militia Long/Short Equity ETF has a fifty-two week low of $25.85 and a fifty-two week high of $39.39. The company’s fifty day moving average price is $37.06 and its 200-day moving average price is $34.23.

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.