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

by · The Markets Daily

Aurora Mobile Limited (NASDAQ:JG – Get Free Report) was the target of a large growth in short interest in the month of 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. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 1.6 days.

Aurora Mobile Trading Down 2.8 %

Shares of JG traded down $0.21 during trading hours on Friday, reaching $7.46. 22,899 shares of the company traded hands, compared to its average volume of 26,387. The firm has a market cap of $44.08 million, a price-to-earnings ratio of -11.30 and a beta of 1.10. Aurora Mobile has a 12-month low of $1.85 and a 12-month high of $9.78. The stock’s fifty day moving average price is $5.53 and its 200 day moving average price is $3.87.

Aurora Mobile (NASDAQ:JG – Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.03) EPS for the quarter, meeting 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 business had revenue of $10.93 million during the quarter.

About Aurora Mobile

(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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