Aurora Mobile Limited Sponsored ADR (NASDAQ:JG – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 2,602 shares, a growth of 95.5% from the May 14th total of 1,331 shares. Based on an average daily volume of 4,118 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.
Aurora Mobile Stock Performance
Shares of Aurora Mobile stock traded up $0.07 during midday trading on Monday, hitting $5.18. 2,429 shares of the company traded hands, compared to its average volume of 3,644. The stock has a market cap of $31.08 million, a price-to-earnings ratio of 42.58 and a beta of 0.57. The firm’s fifty day moving average price is $6.38 and its 200-day moving average price is $6.88. Aurora Mobile has a 12 month low of $5.00 and a 12 month high of $12.80.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded shares of Aurora Mobile from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.
Insiders Place Their Bets
In other Aurora Mobile news, Director Hon Sang Lee sold 10,000 shares of Aurora Mobile stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $5.70, for a total value of $57,000.00. Following the completion of the sale, the director owned 6,564 shares in the company, valued at $37,414.80. The trade was a 60.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 31.20% of the stock is owned by company insiders.
About Aurora Mobile
Aurora Mobile (NASDAQ: JG) is a China‐based technology company specializing in mobile messaging and big data analytics. The company provides a one‐stop platform for developers and enterprises to integrate push notification services, in‐app messaging, and real‐time event tracking through a lightweight software development kit (SDK). Aurora Mobile’s platform is designed to help app publishers and brands enhance user engagement, retention and monetization by delivering timely and personalized content across mobile and web channels.
The company’s core offerings include smart push notifications, targeted messaging, user behavior analytics and data‐driven marketing tools.
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