Anghami Inc. (NASDAQ:ANGH) Sees Large Drop in Short Interest

Anghami Inc. (NASDAQ:ANGHGet Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 304,600 shares, a drop of 23.5% from the March 31st total of 398,400 shares. Currently, 3.3% of the company’s shares are short sold. Based on an average trading volume of 463,400 shares, the short-interest ratio is presently 0.7 days.

Anghami Trading Up 1.8 %

NASDAQ ANGH traded up $0.02 during trading hours on Friday, hitting $1.13. 26,801 shares of the company were exchanged, compared to its average volume of 610,923. Anghami has a 52 week low of $0.63 and a 52 week high of $3.49. The stock has a 50-day moving average price of $1.23 and a 200 day moving average price of $1.20.

Anghami Company Profile

(Get Free Report)

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.

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