Short Interest in Aurora Innovation, Inc. (NASDAQ:AUROW) Grows By 1,100.1%

Aurora Innovation, Inc. (NASDAQ:AUROW) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 17,318 shares, an increase of 1,100.1% from the June 30th total of 1,443 shares. Based on an average daily trading volume, of 27,804 shares, the days-to-cover ratio is presently 0.6 days.

Aurora Innovation Price Performance

Shares of AUROW traded down $0.05 during trading on Friday, reaching $0.22. 49,081 shares of the company traded hands, compared to its average volume of 55,817. The stock has a 50-day simple moving average of $0.34 and a 200-day simple moving average of $0.31. Aurora Innovation has a twelve month low of $0.12 and a twelve month high of $1.08.

About Aurora Innovation

Aurora Innovation, Inc is a technology company focused on developing self-driving systems for the transportation industry. Founded in 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, Aurora builds software, hardware and sensor integrations designed to enable commercial vehicles and passenger cars to operate autonomously. Headquartered in Mountain View, California, the company aims to advance road safety and efficiency through its proprietary autonomy platform.

The core offering from Aurora is the Aurora Driver, a modular autonomous driving system that combines lidar, radar, cameras and computing hardware with machine learning software.