Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Sees Large Growth in Short Interest

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 4,833 shares, an increase of 156.7% from the June 15th total of 1,883 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 8,077 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Aurora Mobile in a research note on Monday, June 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Insider Buying and Selling

In related news, Director Hon Sang Lee sold 10,000 shares of Aurora Mobile stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $5.70, for a total transaction of $57,000.00. Following the sale, the director directly owned 6,564 shares in the company, valued at $37,414.80. This trade represents a 60.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 31.20% of the stock is currently owned by corporate insiders.

Aurora Mobile Stock Performance

Shares of JG stock traded down $0.06 on Thursday, hitting $3.90. The company had a trading volume of 2,807 shares, compared to its average volume of 5,687. Aurora Mobile has a twelve month low of $3.20 and a twelve month high of $12.38. The firm has a market cap of $23.39 million, a P/E ratio of 32.46 and a beta of 0.59. The stock’s 50-day moving average is $5.21 and its two-hundred day moving average is $6.52.

Aurora Mobile Company Profile

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.