Anghami Inc. (NASDAQ:ANGHW – Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 17,480 shares, a decrease of 19.8% from the December 31st total of 21,797 shares. Based on an average daily trading volume, of 51,826 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 51,826 shares, the short-interest ratio is presently 0.3 days.
Anghami Stock Performance
Anghami stock opened at $0.01 on Friday. The company has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $0.02. Anghami has a one year low of $0.01 and a one year high of $0.04.
About Anghami
Anghami is a leading music and entertainment streaming platform focused on the Middle East and North Africa (MENA) region. Launched in November 2012, the service offers both free ad-supported access and premium subscription tiers, allowing users to stream and download a vast library of Arabic and international tracks. Anghami’s mobile and web apps include personalized playlists, curated editorial content, and social features designed to engage listeners and connect them with artists.
The company’s core offerings extend beyond music streaming to encompass podcasts, live virtual events and exclusive content releases.
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