TLYS Market Structure

Tilly's, Inc. (TLYS) operates in the Consumer Cyclical sector, specifically the Apparel - Retail industry, with a market capitalization near $123.4M, listed on NYSE, employing roughly 1,410 people, carrying a beta of 0.09 to the broader market. Tilly's, Inc. Led by Michael L. Henry, public since 2012-05-04.

Market structure data reveals where a stock trades across exchanges, dark pools, and alternative trading systems. Understanding off-exchange activity helps identify institutional trading patterns and liquidity dynamics.

Latest Week Ending
2026-05-25
Weekly OTC Shares
158.9K
Weekly OTC Trades
940
12-Week Total Shares
32.7M
Avg Trade Size (12-Week)
274 shares

How Single-Name Off-Exchange Volume Affects Options

For single-name equities, persistent off-exchange volume concentrations can flag institutional positioning - large blocks arranged through ATS venues to avoid lit-market impact, or correlation-arbitrage flow from sector rotation. The flow doesn't directly move the lit-market price (it prints at the ATS) but it changes the inventory position of the institutional counterparty, which then drives subsequent lit-market flow. Compare the off-exchange volume series above with TLYS's gamma exposure and options volume history to see whether unusual dark-pool activity coincides with rebalancing in the options book.

Showing 12 weeks of off-exchange trading data for Tilly's, Inc..

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Frequently asked TLYS market structure questions

What is the current TLYS off-exchange volume?
For the week ending May 25, 2026, Tilly's, Inc. (TLYS) recorded 158.9K shares across 940 trades (average trade size 169 shares). The 12-week cumulative total is 32.7M shares.
What does TLYS off-exchange volume mean for traders?
Off-exchange volume on a single-name equity reflects institutional block trades arranged through alternative trading systems (ATS) for liquidity rather than information reasons. Persistent ATS volume on a name can signal large institutional repositioning; the lit-market price impact lags the off-exchange print by hours to days as the institutional counterparty hedges or unwinds.
How is TLYS market-structure data sourced?
Weekly off-exchange volume figures come from FINRA's OTC Transparency reporting, which captures trades executed through FINRA-member off-exchange venues including ATSs and member firm internalization desks. FINRA publishes the data with a two-week lag (current-week-minus-two-weeks) for ATS-specific volume and weekly aggregate volume; the totals here aggregate all member firm reporting. Trades cleared via the listed-exchange auction are NOT included; the figure reflects only the off-exchange portion of total volume.