Aurora Mobile Limited (NASDAQ:JG - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 11,100 shares, a growth of 192.1% from the May 15th total of 3,800 shares. Currently, 0.3% of the company's shares are short sold. Based on an average trading volume of 32,400 shares, the short-interest ratio is presently 0.3 days.
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 (NASDAQ:JG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F 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 approximately 0.18% of Aurora Mobile as of its most recent SEC filing. 85.47% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Aurora Mobile from a "hold" rating to a "buy" rating in a research report on Friday, May 30th.
View Our Latest Report on JG
Aurora Mobile Trading Down 3.5%
Shares of JG stock traded down $0.39 on Friday, reaching $10.50. 10,508 shares of the company's stock were exchanged, compared to its average volume of 214,628. The company's fifty day simple moving average is $9.29 and its 200 day simple moving average is $8.94. Aurora Mobile has a 52 week low of $2.36 and a 52 week high of $20.94. The stock has a market capitalization of $63.00 million, a PE ratio of -19.43 and a beta of 1.48.
Aurora Mobile (NASDAQ:JG - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $12.26 million for the quarter. Aurora Mobile had a negative return on equity of 9.17% and a negative net margin of 7.99%.
About Aurora Mobile
(
Get Free Report)
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.
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