30 /100
MEDIUM RISK
Score updated Jul 13, 2026

TCX — Tucows Inc. Dilution Risk Tracker

Track TCX dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 13, 2026, Tucows Inc. (TCX) has a DilutionWatch DilutionScore of 30/100, rated MEDIUM dilution risk. Tucows Inc. has a market capitalization of $169.02M, 11.15M shares outstanding, 71 institutional holders tracked. Key dilution vectors include approximately 999 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
0
📊 Float Risk
50
⚠️ Warrant Exposure
40
🔄Convertible Debt

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
0%
No significant dilution signals detected for TCX.
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💹 Market Data

Market Cap$169.02M
Shares Outstanding11.15M
Float5.72M
Cash$44.31M
Debt$190.40M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 12.4% shares (2026Q1 vs prior)
71 institutional holders · 6.97M shares
#1 EdgePoint Investment Group Inc. 2.12M shares
#2 Blacksheep Fund Management Ltd 1.09M shares
#3 VANGUARD CAPITAL MANAGEMENT LLC 722.5K shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest671.4K
Days to Cover15.4
% of Float11.7%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

No recent SEC insights

📰 Recent News

No recent news

📋 What This Means for TCX Shareholders

Tucows Inc. (TCX) has a DilutionScore of 30/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 13, 2026.

DilutionWatch's EDGAR monitoring for TCX shows no major active dilution programs at this time. The primary risk categories — shelf registration capacity, ATM programs, warrant overhang, and cash runway — are each within normal ranges for a company of this profile. This can change quickly if a new S-3 or Form S-1 is filed.

DilutionWatch tracks over 25 SEC filing types for TCX in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for TCX alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.

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Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.