Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) Stock Short Interest Climbs 63.1%

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 7,069 shares, a growth of 63.1% from the August 31st total of 4,335 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 4,145 shares, the days-to-cover ratio is currently 1.7 days.

Insider Buying and Selling

In other news, Director Hon Sang Lee sold 11,470 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $5.55, for a total transaction of $63,658.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 31.20% of the stock is owned by company insiders.

Aurora Mobile Stock Performance

JG stock opened at $6.44 on Friday. The stock’s 50 day moving average price is $5.95 and its 200 day moving average price is $5.88. Aurora Mobile has a 1 year low of $3.20 and a 1 year high of $8.96. The firm has a market cap of $38.64 million, a P/E ratio of 35.78 and a beta of 0.55.

Aurora Mobile (NASDAQ:JG – Get Free Report) last released its earnings results on Thursday, August 20th. The company reported $0.06 earnings per share (EPS) for the quarter. Aurora Mobile had a net margin of 1.53% and a return on equity of 6.23%. The firm had revenue of $14.90 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

View Our Latest Report on Aurora Mobile

About Aurora Mobile

(Get Free Report)

Aurora Mobile Limited (NASDAQ:JG) is a China-based provider of mobile developer services and customer engagement solutions. The company helps businesses and application developers communicate with users, analyze app activity, and improve mobile experiences through cloud-based tools and software development services.

Its product offerings have included JPush, a push-notification service; JAnalytics, an app analytics platform; JMessage, a real-time messaging service; and tools supporting user authentication, sharing, SMS communications, and mobile engagement.

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