Remitly Global (NASDAQ: RELY) Short Interest Surges 148% In May
Remitly Global, Inc. (NASDAQ: RELY) recorded a dramatic spike in short interest during May, signaling increased bearish sentiment among market participants toward the stock. As of May 15th, short interest in RELY totaled 13,742,989 shares, representing a sharp rise from the April 30th figure of 5,534,001 shares. That increase amounts to a growth rate of…