Short Interest in Aurora Mobile Limited (NASDAQ:JG) Decreases By 95.7%
Aurora Mobile Limited (NASDAQ:JG – Get Free Report) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 43,200 shares, a drop of 95.7% from the November 15th total of 999,400 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 67,000 shares, the short-interest ratio is presently 0.6 days.
Aurora Mobile Trading Up 26.5 %
NASDAQ JG traded up $0.52 during trading hours on Tuesday, reaching $2.48. The company’s stock had a trading volume of 272,685 shares, compared to its average volume of 26,630. The business has a 50-day simple moving average of $2.20 and a 200 day simple moving average of $3.70. Aurora Mobile has a 52 week low of $1.85 and a 52 week high of $19.60. The stock has a market cap of $296.91 million, a PE ratio of -22.55 and a beta of 0.82.
Institutional Investors Weigh In On Aurora Mobile
A number of institutional investors have recently added to or reduced their stakes in the company. UBS Group AG raised its stake in Aurora Mobile by 2,928.7% during the 1st quarter. UBS Group AG now owns 137,987 shares of the company’s stock valued at $152,000 after purchasing an additional 133,431 shares during the period. Susquehanna International Group LLP acquired a new stake in Aurora Mobile during the 4th quarter valued at $60,000. Renaissance Technologies LLC increased its stake in shares of Aurora Mobile by 70.9% in the second quarter. Renaissance Technologies LLC now owns 120,306 shares of the company’s stock worth $128,000 after acquiring an additional 49,906 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Aurora Mobile in the second quarter worth $44,000. 13.02% of the stock is currently owned by institutional investors and hedge funds.
Aurora Mobile Company Profile (Get Free Report)
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.
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Original: MarketBeat News Feed: Short Interest in Aurora Mobile Limited (NASDAQ:JG) Decreases By 95.7%