Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Short Interest Update

Key Points

• The short interest for Aurora Mobile Limited has decreased by 79.7% in August, falling from 7,400 shares to just 1,500 shares by August 31st.
• Shares of Aurora Mobile declined by 2.2%, trading at $9.93, with a market capitalization of $59.55 million and a price-to-earnings ratio of -62.03.
• Hedge funds, including Citadel Advisors LLC, have shown interest in Aurora Mobile, with the latter acquiring a new stake valued at approximately $75,000.

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 1,500 shares, a drop of 79.7% from the August 15th total of 7,400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 16,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 16,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Aurora Mobile Trading Up 0.4%

NASDAQ JG traded up $0.04 during trading on Wednesday, hitting $9.55. 4,086 shares of the company traded hands, compared to its average volume of 298,774. Aurora Mobile has a 12 month low of $4.25 and a 12 month high of $20.94. The business has a fifty day simple moving average of $10.19 and a 200 day simple moving average of $9.95. The company has a market capitalization of $57.27 million, a P/E ratio of -59.66 and a beta of 1.47.

Hedge Funds Weigh In On Aurora Mobile

An institutional investor recently bought a new position in Aurora Mobile stock. Citadel Advisors LLC acquired a new position in Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 and Exchange Commission (SEC). 85.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.