Short Interest in Aurora Mobile Limited (NASDAQ:JG) Rises By 117.6%

Aurora Mobile Limited (NASDAQ:JG) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 22,200 shares, an increase of 117.6% from the September 30th total of 10,200 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.5% of the company’s stock are short sold.

Aurora Mobile Stock Performance

Shares of NASDAQ:JG traded down $0.21 during midday trading on Friday, reaching $7.46. 22,899 shares of the company’s stock traded hands, compared to its average volume of 26,387. The stock has a 50 day moving average of $5.53 and a 200 day moving average of $3.87. The company has a market cap of $44.08 million, a price-to-earnings ratio of -11.30 and a beta of 1.10. Aurora Mobile has a one year low of $1.85 and a one year high of $9.78.

Aurora Mobile (NASDAQ:JG) last released its quarterly earnings results on Thursday, August 29th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $10.93 million for the quarter. Aurora Mobile had a negative return on equity of 7.33% and a negative net margin of 9.57%.

About Aurora Mobile

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.