Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Sees Large Drop in Short Interest

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,218 shares, a drop of 33.4% from the February 26th total of 6,334 shares. Based on an average trading volume of 2,277 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.1% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aurora Mobile in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Aurora Mobile Stock Performance

Shares of NASDAQ:JG traded down $0.25 during trading on Monday, reaching $6.75. The company had a trading volume of 1,191 shares, compared to its average volume of 2,169. The firm’s fifty day moving average is $7.50 and its 200 day moving average is $7.45. The firm has a market capitalization of $40.50 million, a PE ratio of 225.00 and a beta of 0.50. Aurora Mobile has a twelve month low of $5.85 and a twelve month high of $12.80.

Aurora Mobile Company Profile

Aurora Mobile (NASDAQ: JG) is a China‐based technology company specializing in mobile messaging and big data analytics. The company provides a one‐stop platform for developers and enterprises to integrate push notification services, in‐app messaging, and real‐time event tracking through a lightweight software development kit (SDK). Aurora Mobile’s platform is designed to help app publishers and brands enhance user engagement, retention and monetization by delivering timely and personalized content across mobile and web channels.

The company’s core offerings include smart push notifications, targeted messaging, user behavior analytics and data‐driven marketing tools.