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

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 7,578 shares, an increase of 37.7% from the January 29th total of 5,505 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 6,045 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 6,045 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Mobile in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Aurora Mobile Price Performance

Aurora Mobile stock traded down $0.15 during trading hours on Wednesday, hitting $7.08. 3,225 shares of the stock traded hands, compared to its average volume of 5,678. Aurora Mobile has a 1 year low of $5.85 and a 1 year high of $12.80. The stock has a market capitalization of $42.48 million, a price-to-earnings ratio of -88.50 and a beta of 0.51. The firm’s 50 day moving average price is $7.33 and its 200-day moving average price is $7.80.

Aurora Mobile declared that its board has initiated a stock repurchase plan on Thursday, November 13th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

About Aurora Mobile

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.