Short interest in Remitly Global Inc (NASDAQ:RELY) increased during the last reporting period, rising from 8.16M to 8.35M. This put 5.59% of the company's publicly available shares short.

Short interest for Remitly Global gives investors a sense of the degree to which investors are betting on the decline of Remitly Global's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 1.41M shares traded per day, it would take 5.92 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.