Short Interest in Anghami Inc. (NASDAQ:ANGH) Decreases By 11.6%

Anghami Inc. (NASDAQ:ANGH) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 44,200 shares, a decline of 11.6% from the October 15th total of 50,000 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 3.3 days. Approximately 0.4% of the shares of the company are sold short.

Anghami Price Performance

Shares of ANGH stock opened at $0.74 on Monday. The stock has a 50 day simple moving average of $0.81 and a 200-day simple moving average of $0.93. Anghami has a 12-month low of $0.71 and a 12-month high of $3.49.

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.