Anghami Inc. (NASDAQ:ANGH) Sees Significant Drop in Short Interest

Anghami Inc. (NASDAQ:ANGH) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 16,200 shares, a decrease of 63.3% from the October 31st total of 44,200 shares. Based on an average daily volume of 14,000 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the company’s shares are short sold.

Anghami Stock Down 1.2 %

NASDAQ ANGH traded down $0.01 during trading on Friday, hitting $0.73. The stock had a trading volume of 2,376 shares, compared to its average volume of 144,480. Anghami has a one year low of $0.70 and a one year high of $2.45. The stock has a 50 day simple moving average of $0.79 and a 200 day simple moving average of $0.91.

Anghami Company Profile

Anghami Inc operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.