Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Short Interest Up 156.7% in June

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 4,833 shares, an increase of 156.7% from the June 15th total of 1,883 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,077 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Aurora Mobile in a research report on Monday, June 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Aurora Mobile presently has an average rating of “Hold”.

Insiders Place Their Bets

In other news, Director Hon Sang Lee sold 10,000 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $5.70, for a total value of $57,000.00. Following the transaction, the director directly owned 6,564 shares of the company’s stock, valued at approximately $37,414.80. This represents a 60.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 31.20% of the company’s stock.

Aurora Mobile Trading Up 3.7%

JG traded up $0.14 during midday trading on Wednesday, hitting $3.96. 8,309 shares of the company were exchanged, compared to its average volume of 5,710. The company’s 50 day simple moving average is $5.27 and its 200 day simple moving average is $6.54. The firm has a market capitalization of $23.75 million, a price-to-earnings ratio of 33.00 and a beta of 0.59. Aurora Mobile has a 1-year low of $3.20 and a 1-year high of $12.38.

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.