Anghami Inc. (NASDAQ:ANGH) Short Interest Up 5.5% in September

Anghami Inc. (NASDAQ:ANGH) was the recipient of a large increase in short interest during 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 stock are sold short. Based on an average trading volume of 14,800 shares, the short-interest ratio is currently 2.8 days.

Anghami Stock Up 1.2 %

Anghami stock opened at $0.85 on Tuesday. Anghami has a 12-month low of $0.67 and a 12-month high of $3.49. The firm’s 50-day moving average is $0.89 and its two-hundred day moving average is $1.07.

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.