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

Anghami Inc. (NASDAQ:ANGH) was the target of a large decline in short interest in 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 trading volume of 13,400 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.4% of the shares of the stock are short sold.

Anghami Stock Performance

ANGH opened at $0.74 on Friday. The stock’s 50 day simple moving average is $0.81 and its 200 day simple moving average is $0.93. Anghami has a 1-year low of $0.71 and a 1-year 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.