Anghami Inc. (NASDAQ:ANGH) Short Interest Down 11.6% in October

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

Anghami Trading Down 2.6 %

Shares of Anghami stock opened at $0.74 on Friday. The firm has a 50-day simple moving average of $0.81 and a two-hundred day simple moving average of $0.93. Anghami has a fifty-two week low of $0.71 and a fifty-two 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.