Anghami Inc. (NASDAQ:ANGH) Short Interest Down 15.0% in June

Anghami Inc. (NASDAQ:ANGH) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 59,300 shares, a decline of 15.0% from the June 15th total of 69,800 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 127,700 shares, the days-to-cover ratio is presently 0.5 days.

Anghami Stock Performance

ANGH stock opened at $0.99 on Tuesday. Anghami has a 1-year low of $0.63 and a 1-year high of $3.49. The business has a fifty day moving average price of $1.05 and a 200-day moving average price of $1.11.

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.