Short Interest in Aurora Mobile Limited (NASDAQ:JG) Grows By 117.6%

by · The Cerbat Gem

Aurora Mobile Limited (NASDAQ:JG – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 22,200 shares, a growth of 117.6% from the September 30th total of 10,200 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.5% of the shares of the stock are sold short.

Aurora Mobile Price Performance

Shares of JG stock traded down $0.24 during mid-day trading on Monday, hitting $7.22. The company had a trading volume of 5,782 shares, compared to its average volume of 12,466. Aurora Mobile has a 52-week low of $1.85 and a 52-week high of $9.78. The stock’s 50 day moving average price is $5.53 and its 200-day moving average price is $3.87. The company has a market capitalization of $42.67 million, a P/E ratio of -11.30 and a beta of 1.10.

Aurora Mobile (NASDAQ:JG – Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). Aurora Mobile had a negative net margin of 9.57% and a negative return on equity of 7.33%. The company had revenue of $10.93 million for the quarter.

Aurora Mobile Company Profile

(Get Free Report)

Aurora Mobile Limited, through its subsidiaries, provides a range of developer services in China. The company provides push notification, instant messaging, analytics, sharing and short message service, one-click verification, and other services. The company offers real-time market intelligence solutions, such as product iApp, which provides analysis and statistical results on the usage and trends of mobile apps to investment funds and corporations.

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