Remitly Global, Inc. (NASDAQ:RELY) Short Interest Up 17.5% in May
MarketBeat
Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 8,540,000 shares, an increase of 17.5% from the April 30th total of 7,270,000 shares. Based on an average trading volume of 2,620,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 5.2% of the shares of the stock are short sold.
NASDAQ:RELY
