Anghami Inc. (NASDAQ:ANGH) Short Interest Up 973.7% in December

Anghami Inc. (NASDAQ:ANGH) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 126,700 shares, an increase of 973.7% from the November 30th total of 11,800 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average trading volume of 86,000 shares, the days-to-cover ratio is presently 1.5 days.

Anghami Stock Down 0.2 %

Anghami stock traded down $0.00 during trading on Thursday, reaching $0.78. The stock had a trading volume of 5,471 shares, compared to its average volume of 153,494. Anghami has a 52-week low of $0.64 and a 52-week high of $2.27. The business has a 50 day moving average price of $0.77 and a 200 day moving average price of $0.86.

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.