Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Sees Significant Increase in Short Interest

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,069 shares, an increase of 63.1% from the August 31st total of 4,335 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 4,145 shares, the short-interest ratio is currently 1.7 days.

Insider Activity at Aurora Mobile

In other news, Director Hon Sang Lee sold 11,470 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $5.55, for a total transaction of $63,658.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 31.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Aurora Mobile currently has a consensus rating of “Sell”.

Aurora Mobile Price Performance

Shares of JG traded down $0.00 on Wednesday, reaching $6.44. 1,800 shares of the stock traded hands, compared to its average volume of 5,779. The stock’s 50-day moving average price is $5.86 and its 200-day moving average price is $5.90. The firm has a market cap of $38.60 million, a price-to-earnings ratio of 35.76 and a beta of 0.63. Aurora Mobile has a 12 month low of $3.20 and a 12 month high of $8.96.

Aurora Mobile (NASDAQ:JG) last issued its earnings results on Thursday, August 20th. The company reported $0.06 EPS for the quarter. Aurora Mobile had a return on equity of 6.23% and a net margin of 1.53%.The firm had revenue of $14.90 million during the quarter.

Aurora Mobile Company Profile

Aurora Mobile Limited (NASDAQ:JG) is a China-based provider of mobile developer services and customer engagement solutions. The company helps businesses and application developers communicate with users, analyze app activity, and improve mobile experiences through cloud-based tools and software development services.

Its product offerings have included JPush, a push-notification service; JAnalytics, an app analytics platform; JMessage, a real-time messaging service; and tools supporting user authentication, sharing, SMS communications, and mobile engagement.