Anghami Inc. (NASDAQ:ANGH) Short Interest Update

Anghami Inc. (NASDAQ:ANGH) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 50,000 shares, a growth of 5.5% from the September 30th total of 47,400 shares. Based on an average daily volume of 13,000 shares, the short-interest ratio is presently 3.8 days. Approximately 0.5% of the company’s stock are short sold.

Anghami Price Performance

ANGH stock opened at $0.76 on Friday. Anghami has a 12-month low of $0.72 and a 12-month high of $3.49. The stock’s 50 day simple moving average is $0.84 and its 200 day simple moving average is $0.96.

About Anghami

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.