Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Sees Significant Increase in Short Interest

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,069 shares, an increase of 63.1% from the August 31st total of 4,335 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 4,145 shares, the days-to-cover ratio is currently 1.7 days.

Aurora Mobile Price Performance

Shares of NASDAQ JG traded down $0.29 during mid-day trading on Thursday, hitting $6.39. The company had a trading volume of 2,539 shares, compared to its average volume of 5,762. The business’s 50-day simple moving average is $5.91 and its 200-day simple moving average is $5.89. Aurora Mobile has a 12 month low of $3.20 and a 12 month high of $8.96. The firm has a market cap of $38.34 million, a P/E ratio of 35.50 and a beta of 0.63.

Aurora Mobile (NASDAQ:JG) last announced its quarterly earnings data on Thursday, August 20th. The company reported $0.06 earnings per share for the quarter. Aurora Mobile had a return on equity of 6.23% and a net margin of 1.53%.The company had revenue of $14.90 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Aurora Mobile has an average rating of “Sell”.

Insider Transactions at Aurora Mobile

In other Aurora Mobile news, Director Hon Sang Lee sold 11,470 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $5.55, for a total value of $63,658.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 31.20% of the stock is owned by company insiders.

Aurora Mobile Company Profile

Aurora Mobile Limited (NASDAQ:JG) is a China-based provider of mobile developer services and customer engagement solutions. The company helps businesses and application developers communicate with users, analyze app activity, and improve mobile experiences through cloud-based tools and software development services.

Its product offerings have included JPush, a push-notification service; JAnalytics, an app analytics platform; JMessage, a real-time messaging service; and tools supporting user authentication, sharing, SMS communications, and mobile engagement.