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

Anghami Inc. (NASDAQ:ANGH) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 42,000 shares, an increase of 5.5% from the August 31st total of 39,800 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is currently 2.8 days.

Anghami Stock Down 2.2 %

NASDAQ ANGH opened at $0.84 on Monday. The stock’s 50-day moving average price is $0.89 and its 200-day moving average price is $1.07. Anghami has a 52 week low of $0.65 and a 52 week 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.