Aurora Mobile Limited (NASDAQ:JG) Sees Significant Drop in Short Interest

Aurora Mobile Limited (NASDAQ:JGGet Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 13,400 shares, a decline of 5.6% from the December 15th total of 14,200 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Aurora Mobile Stock Performance

Shares of JG opened at $6.35 on Monday. Aurora Mobile has a 1 year low of $2.32 and a 1 year high of $9.78. The company’s 50 day simple moving average is $6.69 and its 200 day simple moving average is $5.40. The company has a market capitalization of $37.53 million, a price-to-earnings ratio of -11.76 and a beta of 1.19.

About Aurora Mobile

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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.

Further Reading

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