A multilayer film having Machine Direction Orientation (MDO) is prepared by first co-extruding a multilayer film, then stretching the multilayer film in the machine direction at a temperature lower than the melting point of the polyethylene resin that is used to prepare the film. At least one layer of the film is a first polyethylene composition having a density of from about 0.94 to about 0.97 g/cc and at least one second layer is prepared from a polyethylene composition having a lower density than the first polyethylene composition. This disclosure enables the manufacture of films having outstanding barrier properties (low Water Vapor Transmission Rate, WVTR, and low Oxygen Transmission Rate, OTR) and good physical properties.
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