Tilray Brands' Short Interest Falls 3.94%, Short Percent of Float at 17.05%

Tilray Brands' (TLRY) short percent of float has decreased 3.94% since its last report, with 186.24 million shares sold short, which is 17.05% of all regular shares available for trading. This suggests a decrease in bearish sentiment towards the company. However, it does not necessarily indicate that the stock will rise in the near term. The average time for traders to cover their short positions is 4.3 days.

Tilray Brands (TLRY) has seen a decrease in its short interest, with the short percent of float falling by 3.94% since the last report. As of the most recent data, 186.24 million shares are sold short, representing 17.05% of all regular shares available for trading [1]. This reduction in short interest suggests a decrease in bearish sentiment among investors.

The average time for traders to cover their short positions is now 4.3 days, down from the previous period's 5.2 days. This decrease indicates a slight improvement in the company's liquidity and the ability of short sellers to cover their positions more quickly.

While the reduction in short interest is a positive sign, it does not necessarily indicate that the stock will rise in the near term. Short interest can fluctuate due to various factors, including market sentiment, company performance, and macroeconomic conditions.

Tilray Brands' short interest ratio, also known as the "days to cover ratio," has decreased, which could be seen as a bullish signal. However, it is essential to consider other factors, such as the company's financial performance and industry trends, when making investment decisions.

Tilray Brands closed the most recent trading day at $1.03, moving -12.71% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.29%. The company is expected to post an EPS of -$0.03 for the current quarter, indicating a 25% growth compared to the equivalent quarter last year [3].

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/TLRY/short-interest/
[2] https://www.benzinga.com/insights/short-sellers/25/08/47211817/how-is-the-market-feeling-about-tilray-brands
[3] https://www.nasdaq.com/articles/tilray-brands-inc-tlry-declines-more-market-some-information-investors-0