Anghami Inc. (NASDAQ:ANGH) Short Interest Down 27.2% in November

Anghami Inc. (NASDAQ:ANGH) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 11,800 shares, a drop of 27.2% from the November 15th total of 16,200 shares. Based on an average daily volume of 55,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Anghami Stock Down 6.4 %

Shares of Anghami stock traded down $0.06 during trading on Friday, hitting $0.82. The company’s stock had a trading volume of 54,400 shares, compared to its average volume of 156,315. The company has a fifty day simple moving average of $0.77 and a two-hundred day simple moving average of $0.88. Anghami has a 52 week low of $0.64 and a 52 week high of $2.27.

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.