How to buy Tilray stock | $24.5

Tilray, Inc is a drug manufacturers-specialty & generic business based in the US. Tilray shares (TLRY) are listed on the NASDAQ and all prices are listed in US Dollars. Tilray employs 1,030 staff and has a trailing 12-month revenue of around USD$191.3 million.

How to buy shares in Tilray

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Tilray. Find the stock by name or ticker symbol: TLRY. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tilray reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$24.5, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Tilray, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Tilray. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Our top pick for

Beginners

Robinhood

Our top pick for

Building a portfolio

Sofi Invest

Our top pick for

Advanced investors

Webull

How we chose our top picks

We evaluate stock trading platforms against a range of metrics that include fees, ease of use, available securities and advanced tools to meet specific investor needs. We encourage you to compare stock platforms to find one that's best for your particular budget and goals.

• Our pick for beginners. We chose Robinhood for this category because it offers commission-free trading and is easy to use. You can search for stocks by company name, and the mobile app is clean and intuitive to use.
• Our pick for building a portfolio. We chose SoFi for this category because it offers both commission-free stocks and a free robo-advisor. That means you can open an active investing account to pick and choose companies you want to invest in, and open a robo-advisor account to help you build a portfolio and manage how much risk you take on.
• Our pick for active investors. We picked Webull for this category because its platform offers features that cater to advancing investors as well as beginners. The desktop app is outfitted with an extensive set of research tools, the mobile app gets high grades from users and traders can test strategies with a paper-trading feature.

What's in this guide?

1. TLRY shares summary
2. Compare share dealing platforms
3. Is TLRY stock a buy or sell?
4. Stock performance over time
5. Can I short TLRY shares?
6. Tilray's financials
7. How volatile are TLRY shares?
8. Does Tilray pay a dividend?
9. Other common questions

Tilray share price

Use our graph to track the performance of TLRY stocks over time.

Tilray shares at a glance

• Key figures

Information last updated 2021-03-03.

Latest market close	USD$24.5
52-week range	USD$2.43 - USD$55.01
50-day moving average	USD$25.0864
200-day moving average	USD$11.4535
Wall St. target price	USD$19.32
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-1.23

Buy Tilray shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

Sort by:

Name	Product	Stock trade fee	Asset types	Option trade fee	Annual fee	Signup bonus
Robinhood		$0	Stocks, Options, ETFs, Gold/Commodities	$0	0%	Free stock (chosen randomly with a value anywhere between $2.50 and $200) Sign up using the "go to site" link	Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.	Go to site More Info		loading Fetching your data...
Webull		$0	Stocks, Options, ETFs	$0	0%	Get two free stock valued between $2.50 and $250 Open an account	Margin financing rates start at 3.99%. No monthly subscription fees for margin.	Go to site More Info		loading Fetching your data...
TradeStation		$0	Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency	$0 + $0.50/contract		$50 Deposit qualifying assets of $5,000+	A platform built for all kinds of traders and all styles of trading	Go to site More Info		loading Fetching your data...
Tastyworks		$0	Stocks, Options, Cryptocurrency	Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg Futures: $2.50/contract to open, $0 to close	0%	Get 100 shares of stock (worth $1 to $6 a share) Open and fund a new cash or margin account with $2,000+	Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.	Go to site More Info		loading Fetching your data...
Interactive Brokers		$0	Stocks, Bonds, Options	$0 + $0.65/contract, $1 minimum	0%	N/A	IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.	Go to site More Info		loading Fetching your data...

loading

Compare up to 4 providers

Clear selection

Compare

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Tilray stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Tilray, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Tilray price performance over time

Historical closes compared with the close of $24.5 from 2021-02-25

1 week (2021-02-23)	N/A
1 month (2021-02-02)	N/A
3 months (2020-12-02)	N/A
6 months (2020-09-02)	N/A

1 year (2020-03-02)	N/A
2 years (2019-03-02)	N/A
3 years (2018-03-02)	N/A
5 years (2016-03-02)	N/A

Shorting Tilray shares

There are currently 27.7 million Tilray shares held short by investors – that's known as Tilray's "short interest". This figure is 10% down from 30.8 million last month.

There are a few different ways that this level of interest in shorting Tilray shares can be evaluated.

Tilray's "short interest ratio" (SIR)

Tilray's "short interest ratio" (SIR) is the quantity of Tilray shares currently shorted divided by the average quantity of Tilray shares traded daily (recently around 62.9 million). Tilray's SIR currently stands at 0.44. In other words for every 100,000 Tilray shares traded daily on the market, roughly 440 shares are currently held short.

However Tilray's short interest can also be evaluated against the total number of Tilray shares, or, against the total number of tradable Tilray shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tilray's short interest could be expressed as 0.17% of the outstanding shares (for every 100,000 Tilray shares in existence, roughly 170 shares are currently held short) or 0.1838% of the tradable shares (for every 100,000 tradable Tilray shares, roughly 184 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Tilray.

Find out more about how you can short Tilray stock.

Tilray share price volatility

Over the last 12 months, Tilray's shares have ranged in value from as little as $2.43 up to $55.01. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Tilray's is 2.8296. This would suggest that Tilray's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Tilray overview

Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products to patients, physicians, clinics, pharmacies, governments, and hospitals; and for researchers for commercial purposes, as well as compassionate access and clinical research applications. It operates in Argentina, Australia, Canada, Chile, Croatia, Cyprus, Germany, Israel, New Zealand, Portugal, Spain, Africa, Switzerland, the United States, Malta, and the United Kingdom. The company was incorporated in 2018 and is headquartered in Nanaimo, Canada.

Frequently asked questions

• What percentage of Tilray is owned by insiders or institutions?

  Currently 16.817% of Tilray shares are held by insiders and 16.209% by institutions.

• How many people work for Tilray?

  Latest data suggests 1,030 work at Tilray.

• When does the fiscal year end for Tilray?

  Tilray's fiscal year ends in December.

• Where is Tilray based?

  Tilray's address is: 1100 Maughan Road, Nanaimo, BC, Canada, V9X IJ2

• What is Tilray's ISIN number?

  Tilray's international securities identification number is: US88688T1007

• What is Tilray's CUSIP number?

  Tilray's Committee on Uniform Securities Identification Procedures number is: 88688T100