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NEW YORK—Shay Capital LLC, a significant shareholder in Tilly’s, Inc. (NYSE:TLYS), recently acquired 100,000 shares of the company’s common stock. The transaction, which took place on June 5, 2025, involved a purchase price of $1.5412 per share, amounting to a total investment of $154,120. The purchase comes as Tilly’s stock trades near $1.28, down 77% over the past year, with a market capitalization of $38.9 million. According to InvestingPro analysis, the company is currently undervalued based on its Fair Value estimates.
Following this acquisition, Shay Capital LLC now holds 2,967,422 shares of Tilly’s. The purchase reflects Shay Capital’s continued investment interest in the retail company, which specializes in apparel, footwear, and accessories. Shay Capital Holdings LLC, as the sole manager of Shay Capital LLC, is deemed to beneficially own these shares.
This transaction was signed off by Elan Foxman, the Chief Financial Officer of Shay Capital LLC, on June 9, 2025.
In other recent news, Tilly’s reported a net loss of $22.2 million, or $0.74 per share, for the first quarter of 2025, which fell short of analysts’ expectations of a $0.68 loss per share. The company’s revenue was in line with forecasts at $107.6 million, representing a 7.1% decline from the previous year. Tilly’s is planning to close seven stores in the second quarter and potentially 15 more by the end of the year, reflecting ongoing strategic adjustments. The company remains optimistic about the upcoming back-to-school season, which has historically been a strong period for them. Despite the challenges, Tilly’s aims to maintain a debt-free status throughout fiscal 2025. The company is also enhancing its merchandise assortment and marketing efforts to address changing consumer behaviors and competitive pressures in the retail sector. Tilly’s executives noted signs of potential stabilization in their business, driven by improved merchandise and marketing strategies. The company is actively engaging with customers through in-person events and digital storefronts to strengthen its market position.
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