Aurora Mobile Limited (NASDAQ:JG – Get Rating) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 251,000 shares, a decline of 11.9% from the September 30th total of 284,900 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 87,700 shares, the days-to-cover ratio is currently 2.9 days.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. UBS Group AG grew its position in shares of 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 in the last quarter. Renaissance Technologies LLC grew its position in shares of Aurora Mobile by 70.9% during the 2nd quarter. Renaissance Technologies LLC now owns 120,306 shares of the company’s stock valued at $128,000 after purchasing an additional 49,906 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Aurora Mobile in the second quarter worth $44,000. 14.09% of the stock is currently owned by hedge funds and other institutional investors.
Aurora Mobile Price Performance
Shares of JG stock opened at $0.89 on Friday. The company’s fifty day simple moving average is $0.92 and its two-hundred day simple moving average is $0.96. Aurora Mobile has a 1 year low of $0.75 and a 1 year high of $1.81.
Aurora Mobile Company Profile
(Get Rating)
Aurora Mobile Limited, through its subsidiaries, operates as a mobile app developer service provider in China. The company provides push notification, instant messaging, analytics, sharing and short message service, one-click verification, and other services. Its vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence; and 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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Aurora Mobile, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Aurora Mobile wasn’t on the list.
While Aurora Mobile currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
.