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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by DuDliedingleon Jul 30, 2024 11:27am
42 Views
Post# 36154438

RE:TLRY - 120,000,000 Shares to be Bought off Open Market

RE:TLRY - 120,000,000 Shares to be Bought off Open Market
quinlash wrote: Short position traders sell shares they borrow with the expectation that they can buy replacement shares later at a lower price.  Regardless if the price should go up or down afterwards they remain UNDER CONTRACT to BUY shares off the open market.

Currently there are 120 Million shares under contract to be bought (covered) by Short Position Traders.

Current trading volume indicates it will take them apx 7 days to compete the purchase of the 120 Million Shares.

Link to Fintel Short Position Data on Tilray Brands

https://fintel.io/ss/us/tlry

Please explain the rules of how to sell and buy shares short. It would be nice to learn your interpretation seeing as you know so much of it. Not a Websters Dictionary description but your own. 
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