For Tilray Brands, Inc. (TLRY), understanding the "volume of shorts" involves looking at both the total outstanding short positions (short interest) and the daily volume of shares sold short (short volume). These metrics provide different, yet complementary, insights into bearish sentiment.
TLRY Short Interest Overview
As of the latest available data, TLRY has a significant number of shares held short:
- Short Interest: 181,515,044 shares. This represents the total number of shares of TLRY that have been sold short and not yet covered as reported by NASDAQ.1
- Short Interest Ratio (Days to Cover): 8.25 days. This metric indicates how many days it would take for all short sellers to cover their positions, assuming average daily trading volume. A higher number can suggest a more entrenched short position.1
- Short Interest % Float: 16.66%. This percentage, derived from NASDAQ short interest and Capital IQ float data, shows the proportion of the company's publicly available shares that are currently sold short. A higher percentage often indicates strong bearish sentiment or potential for a short squeeze.1
Short interest data is typically published twice a month, following a schedule set by FINRA.1
Recent Short Volume
Beyond the bi-monthly short interest figures, daily "short volume" tracks the number of shares traded short on a given day, including off-exchange (dark pool) activity. For recent trading days (data as of August 6, 2025, which is the latest available in the provided snippets):
- Off-Exchange Short Volume: On August 6, 2025, the off-exchange short volume for TLRY was 6,115,289 shares.1
- Off-Exchange Short Volume Ratio: For the same day, the off-exchange short volume ratio was 35.90%, meaning over a third of the off-exchange trading volume consisted of short sales.1
This daily short volume data, sourced from FINRA, offers a more granular view of short selling activity, including trades executed in dark pools.1
For further detailed analysis, including historical trends and a breakdown of short volume by exchange, Fintel's short interest page for TLRY provides comprehensive data and charts.1
