Aurora Innovation, Inc. (NASDAQ:AUROW) Sees Significant Increase in Short Interest

Aurora Innovation, Inc. (NASDAQ:AUROW) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 44,500 shares, a growth of 449.4% from the February 29th total of 8,100 shares. Based on an average daily volume of 71,100 shares, the short-interest ratio is currently 0.6 days.

Aurora Innovation Stock Performance

AUROW stock opened at $0.27 on Friday. The company’s fifty day simple moving average is $0.28 and its 200 day simple moving average is $0.30. Aurora Innovation has a 12-month low of $0.13 and a 12-month high of $0.69.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AUROW. CSS LLC IL increased its stake in shares of Aurora Innovation by 506.4% in the 2nd quarter. CSS LLC IL now owns 273,685 shares of the company’s stock valued at $137,000 after acquiring an additional 228,554 shares in the last quarter. Walleye Capital LLC increased its stake in Aurora Innovation by 21.1% in the second quarter. Walleye Capital LLC now owns 438,805 shares of the company’s stock valued at $176,000 after purchasing an additional 76,466 shares in the last quarter. Ionic Capital Management LLC raised its holdings in shares of Aurora Innovation by 17.3% during the second quarter. Ionic Capital Management LLC now owns 798,967 shares of the company’s stock valued at $399,000 after purchasing an additional 117,823 shares during the period. Finally, Citadel Advisors LLC boosted its position in shares of Aurora Innovation by 3.3% during the 2nd quarter. Citadel Advisors LLC now owns 1,893,177 shares of the company’s stock worth $757,000 after purchasing an additional 59,849 shares in the last quarter.

About Aurora Innovation

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.