Short Interest in Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Expands By 118.2%

Key Points

• Aurora Mobile Limited (NASDAQ:JG) experienced a significant 118.2% increase in short interest in July, with a total of 21,600 shares sold short as of July 15th.
• The company reported a negative EPS of ($0.06) for the last quarter along with revenues of $12.26 million, and currently holds a P/E ratio of -63.41.
• Citadel Advisors LLC recently acquired a new position in Aurora Mobile, purchasing 10,449 shares valued at approximately $75,000, with institutional investors owning 85.47% of the company's stock.

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 21,600 shares, agrowthof118.2% from the June 30th total of 9,900 shares. Approximately0.5% of the shares of the company are sold short. Based on an average daily volume of 19,400 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 19,400 shares, the short-interest ratio is currently 1.1 days. Approximately0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Aurora Mobile

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC acquired a new position in Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,449 shares of the company's stock, valued at approximately $75,000. Citadel Advisors LLC owned 0.18% of Aurora Mobile as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 85.47% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Aurora Mobile from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.

Aurora Mobile Trading Up 1.6%

Shares of NASDAQ:JG traded up $0.14 during trading on Friday, reaching $9.00. The company's stock had a trading volume of 7,926 shares, compared to its average volume of 25,427. Aurora Mobile has a 12 month low of $3.08 and a 12 month high of $20.94. The firm's 50 day simple moving average is $10.77 and its two-hundred day simple moving average is $10.09. The stock has a market capitalization of $54 million, a PE ratio of -56.25 and a beta of 1.41.

Aurora Mobile (NASDAQ:JG - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported ($0.06) EPS for the quarter. The company had revenue of $12.26 million for the quarter. Aurora Mobile had a negative return on equity of 7.26% and a negative net margin of 2.13%.

Aurora Mobile Company Profile

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.