Militia Long/Short Equity ETF (ORR)Long-Short Equity | Exchange Traded Fund | NasdaqGM
36.73 USD
+0.23
(0.630%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 36.65 -0.08 (-0.080%) ⇩ (April 17, 2026, 6:59 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 1:36 p.m. EDT
ORR, as a long/short equity ETF, is volatile and carries higher risk. The recent price action shows a range-bound trend with a slight upward movement. While there are signs of potential momentum, the lack of consistent dividends and the mixed options activity suggest caution. The ETF's performance is closely tied to the underlying long and short positions, which may not offer stable returns. Investors should consider the ETF's volatility and the potential for short-term gains, but long-term investors should be wary of the lack of fundamentals and dividend reliability. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.026513 |
| MSTL | 0.032613 |
| AutoETS | 0.032717 |
| AutoARIMA | 0.032871 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.108 |
| Excess Kurtosis | -1.16 |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.18 |
As of April 11, 2026, 1:36 p.m. EDT: Options speculators are showing mixed signals. For the near-term (April 17), there is a concentration of open interest and volume around the 38.0 strike, which is slightly above the current price, suggesting some bullish sentiment. However, the low implied volatility (IV) and limited volume in puts indicate limited bearish positioning. For the longer-dated options (June 18 and beyond), the positioning appears more speculative with higher open interest in out-of-the-money calls, which could indicate a potential upward move. However, the lack of significant put activity suggests limited downside risk perception.
| Attribute | Value |
|---|---|
| All Time High | 39.39 |
| All Time Low | 25.63 |
| Ask | 46.69 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 173,630 |
| Average Daily Volume3 Month | 320,362 |
| Average Volume | 320,362 |
| Average Volume10Days | 173,630 |
| Beta3 Year | 0.0 |
| Bid | 26.32 |
| Bid Size | 2 |
| Category | Long-Short Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.83 |
| Day Low | 36.4 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 2.590866 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 37.3195 |
| Fifty Day Average Change | -0.5895004 |
| Fifty Day Average Change Percent | -0.015796043 |
| Fifty Two Week Change Percent | 31.05688 |
| Fifty Two Week High | 39.39 |
| Fifty Two Week High Change | -2.6599998 |
| Fifty Two Week High Change Percent | -0.06752983 |
| Fifty Two Week Low | 27.19 |
| Fifty Two Week Low Change | 9.539999 |
| Fifty Two Week Low Change Percent | 0.35086423 |
| Fifty Two Week Range | 27.19 - 39.39 |
| First Trade Date Milliseconds | 1,736,951,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Militia Investments, LLC |
| Fund Inception Date | 1,736,812,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-01-15 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in both long and short positions in equity securities or ETFs that Militia Investments, LLC, the sub-adviser to the fund (the “Sub-Adviser”), believes offer the potential for capital appreciation. The fund is non-diversified. |
| Long Name | Militia Long/Short Equity ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1912963953 |
| Nav Price | 36.5305 |
| Net Assets | 419,355,392.0 |
| Net Expense Ratio | 10.91 |
| Open | 36.55 |
| Post Market Change | -0.07999802 |
| Post Market Change Percent | -0.21780021 |
| Post Market Price | 36.65 |
| Post Market Time | 1,776,466,747 |
| Previous Close | 36.5 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.23 |
| Regular Market Change Percent | 0.630136 |
| Regular Market Day High | 36.83 |
| Regular Market Day Low | 36.4 |
| Regular Market Day Range | 36.4 - 36.83 |
| Regular Market Open | 36.55 |
| Regular Market Previous Close | 36.5 |
| Regular Market Price | 36.73 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 184,955 |
| Short Name | Militia Long/Short Equity ETF |
| Source Interval | 15 |
| Symbol | ORR |
| Total Assets | 419,355,392 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 14.176726 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 5.86118 |
| Trailing Three Month Returns | 5.86118 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.5457 |
| Two Hundred Day Average Change | 3.1842995 |
| Two Hundred Day Average Change Percent | 0.09492422 |
| Type Disp | ETF |
| Volume | 184,955 |
| Yield | 0.0 |
| Ytd Return | 5.86118 |