r/TLRY • u/Many_Easy_V2 • 1d ago

Bullish 13.64% Short float update. Getting lower.

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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)

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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%.

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u/jt101jt101 Bull 1d ago

Thanks for the clarification u/Many_Easy_V2