Short Interest in Aurora Mobile Limited (NASDAQ:JG) Grows By 192.1%

Aurora Mobile Limited (NASDAQ:JG) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 11,100 shares, an increase of 192.1% from the May 15th total of 3,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 32,400 shares, the short-interest ratio is presently 0.3 days.

Aurora Mobile Stock Down 3.5%

Shares of NASDAQ JG opened at $10.50 on Friday. The stock has a market capitalization of $63.00 million, a price-to-earnings ratio of -19.43 and a beta of 1.48. The stock’s fifty day simple moving average is $9.34 and its 200 day simple moving average is $8.97. Aurora Mobile has a 52-week low of $2.36 and a 52-week high of $20.94.

Aurora Mobile (NASDAQ:JG) last issued its earnings results on Thursday, May 29th. The company reported ($0.06) EPS for the quarter. The business had revenue of $12.26 million during the quarter. Aurora Mobile had a negative return on equity of 9.17% and a negative net margin of 7.99%.

Hedge Funds Weigh In On Aurora Mobile

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC purchased a new stake in Aurora Mobile Limited (NASDAQ:JG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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. 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 report on Friday, May 30th.

About Aurora Mobile

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.