Starting with macOS 10.12 Sierra it’s possible to arrange third-party menu bar icons via Command-drag (hold down the Command key and drag the item to the desired position).
In previous OS versions, third-party menu bar icons are at fixed positions and can’t be moved. Third-party tools like Bartender make it possible to arrange the items also in OS versions before 10.12 but for security reasons Little Snitch can not be used with such tools.
If you just want to save space in your menu bar you can simply turn off Little Snitch’s menu bar icon. The functions in it can also be accessed in the Little Snitch Configuration application’s preferences and you can open the Network Monitor window also via a configurable keyboard shortcut.