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

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

Anghami Stock Down 3.1 %

Shares of ANGH stock opened at $0.74 on Thursday. Anghami has a 52-week low of $0.70 and a 52-week high of $2.45. The firm’s 50-day moving average is $0.79 and its 200-day moving average is $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.