Anghami Inc. (NASDAQ:ANGH – Get Rating) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 55,900 shares, a growth of 27.6% from the November 30th total of 43,800 shares. Approximately 1.1% of the company's shares are short sold. Based on an average trading volume of 48,000 shares, the days-to-cover ratio is presently 1.2 days.
Institutional Trading of Anghami
A number of large investors have recently bought and sold shares of ANGH. Virtu Financial LLC bought a new position in Anghami in the second quarter valued at approximately $47,000. Citadel Advisors LLC bought a new stake in Anghami in the 2nd quarter valued at $135,000. Finally, Jane Street Group LLC acquired a new position in Anghami in the 1st quarter worth $269,000. 0.10% of the stock is owned by institutional investors.
Get Anghami alerts:Anghami Stock Down 4.8 %
NASDAQ ANGH opened at $1.60 on Friday. Anghami has a one year low of $1.47 and a one year high of $33.13. The stock's 50-day moving average is $2.35 and its 200-day moving average is $3.03.
Anghami Company Profile
(Get Rating)Anghami Inc operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates.
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