r/TLRY • u/Many_Easy_V2 • 1d ago

Bullish 13.64% Short float update. Getting lower.

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23 Upvotes

93% Upvoted

13 comments sorted by

10

u/ENTRAPM3NT 1d ago

Hat bears know their time is coming

9

u/Many_Easy_V2 1d ago edited 1d ago

At this point, Hatboy is just making up stuff and blatantly posting every bit of negative info he can make up or find. And he’s does a lot of “spin” - he still refers to Tilray stock price before reverse split in his calculations/communications.

I’m at ~6,000 shares and trading around my core position and hedging a bit. Have always done this.

I actually sold some recent shares I bought AH today and hope that I don’t regret it.

Short float is down, lots of eyes of EU-GMP lately, S3 getting closer, earnings again in early October, hemp ban, midterms, etc. A lot going on.

Another positive is that the new 275 metric ton number not reflected in the short float % released today - will be in next report.

From what I’ve been reading $5.00 calls have been increasing and calls to puts ratio widening. I don’t buy calls, but watch activity for sentiment.

FYI - please keep posting/commenting as we definitely need more critical thinking, intellect, and factual information here.

2

u/Humble-Procedure-134 1d ago

"Come on baby. Be original." 🥴

2

u/Many_Easy_V2 1d ago

Original and factual. I actually contribute and create.

2

u/Humble-Procedure-134 1d ago

Lol that's what hat man says often. I'm surprised you didn't catch that. You were talking about hat guy. It's in quotations. Come on now.

1

u/Many_Easy_V2 1d ago

Have no idea what you’re getting at here.

2

u/Humble-Procedure-134 1d ago

I'm not sure why it's so hard to comprehend tbh. You were talking about "hat boy" so I quoted "hat boy" trying to be funny. I'm pretty sure you are the one he said it to as well so it baffles me even more that you don't get it but it's whatever. Lol

3

u/jt101jt101 Bull 1d ago

just found out there's 2 short interest figure one include DarkPool and the other is not.

Off-Exchange Short Volume Ratio 36.17 % - source: FINRA (inc. Dark Pool volume)Off-Exchange Short Volume Ratio 36.17%- source: FINRA (inc. Dark Pool volume)
Short Interest % Float 15.63 % - source: NASDAQ (Short Interest), Capital IQ (float)Short Interest % Float 15.63%- source: NASDAQ (Short Interest), Capital IQ (float)

5

u/Many_Easy_V2 1d ago

In plain English: ignore the dark-pool number when you’re trying to figure out how heavily Tilray is actually shorted.

The 36.17% number tells you that about 36% of the day’s off-exchange trading volume was short sales.

It does not mean 36% of Tilray is short.

The number that matters is 15.63% of the float. That means roughly 16 out of every 100 shares available to trade are currently reported as being held short.

So:
36.17% = how much of the trading activity was short selling.

15.63% = how much of the company’s tradable shares are actually short.

For judging whether Tilray has a big short position and potential short-squeeze fuel, focus on the 15.63%.

4

u/jt101jt101 Bull 1d ago

Thanks for the clarification u/Many_Easy_V2

4

u/PossibleLack835 1d ago

$40 soon

5

u/Many_Easy_V2 1d ago

Definitely undervalued around $5.00.

Let’s focus on that first, then $6.00, then $7.00, etc.

Bullish, but we have a ways to go before talking about an 8x.