Anghami Inc. (NASDAQ:ANGH – Get Free Report) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 12,400 shares, a growth of 33.3% from the October 15th total of 9,300 shares. Based on an average trading volume of 21,200 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are sold short.
Anghami Trading Up 2.8 %
NASDAQ:ANGH traded up $0.03 during trading hours on Wednesday, reaching $1.01. The company had a trading volume of 11,998 shares, compared to its average volume of 44,560. Anghami has a twelve month low of $0.63 and a twelve month high of $3.05. The business’s 50-day simple moving average is $0.85 and its two-hundred day simple moving average is $1.03.
Institutional Trading of Anghami
Large investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in Anghami in the first quarter valued at approximately $269,000. Citadel Advisors LLC acquired a new stake in Anghami in the 2nd quarter valued at $135,000. Finally, Virtu Financial LLC bought a new stake in Anghami during the 2nd quarter valued at $47,000. 0.19% of the stock is currently owned by institutional investors and hedge funds.
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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