(TLRY) - Analyzing Tilray Brands's Short Interest
Portfolio Pulse from Benzinga Insights
Tilray Brands (NYSE:TLRY) has seen a 6.2% decrease in its short percent of float, now at 12.1%. This is lower than its peers' average of 19.42%. It would take traders 5.19 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.
September 12, 2024 | 6:45 pm
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Tilray Brands has experienced a 6.2% decrease in short interest, now at 12.1% of float, which is below the peer average of 19.42%. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that investors are becoming less bearish on Tilray Brands. With short interest below the peer average, this could indicate a potential positive sentiment shift, possibly leading to upward price movement.
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