Aurora Innovation, Inc. (NASDAQ:AUROW) Sees Large Drop in Short Interest
by Tristan Rich · The Markets DailyAurora Innovation, Inc. (NASDAQ:AUROW – Get Free Report) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,442 shares, a decrease of 89.4% from the May 31st total of 13,658 shares. Based on an average daily trading volume, of 28,122 shares, the days-to-cover ratio is currently 0.1 days.
Aurora Innovation Stock Performance
NASDAQ:AUROW opened at $0.29 on Friday. Aurora Innovation has a 52 week low of $0.12 and a 52 week high of $1.08. The company has a fifty day simple moving average of $0.37 and a two-hundred day simple moving average of $0.31.
Aurora Innovation Company Profile
Aurora Innovation, Inc is a technology company focused on developing self-driving systems for the transportation industry. Founded in 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, Aurora builds software, hardware and sensor integrations designed to enable commercial vehicles and passenger cars to operate autonomously. Headquartered in Mountain View, California, the company aims to advance road safety and efficiency through its proprietary autonomy platform.
The core offering from Aurora is the Aurora Driver, a modular autonomous driving system that combines lidar, radar, cameras and computing hardware with machine learning software.