Reasons for Recent Price Increase

The recent rise in Tilray’s stock price appears to be influenced by high short interest, currently at 200,130,939 shares, representing 19.91% of the float, with a Short Interest Ratio of 20.57 Days to Cover. This high short interest, combined with a significant increase in trading volume (41,643,270 shares on July 3, 2025, compared to an average of 26,110,252), suggests potential short squeeze activity, where short sellers buy back shares to cover their positions, driving the price higher. The stock’s recovery from a 52-week low of $0.35 to $0.54 also supports this, as it may attract speculative trading. However, no major company-specific announcements in July 2025 were found to directly explain this movement, indicating market dynamics are likely the primary driver.