Aurora Innovation, Inc. (NASDAQ:AUROW) Sees Large Decline in Short Interest

Aurora Innovation, Inc. (NASDAQ:AUROWGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 5,774 shares, a decrease of 61.5% from the July 30th total of 14,981 shares. Based on an average daily volume of 25,681 shares, the days-to-cover ratio is presently 0.2 days.

Aurora Innovation Stock Performance

NASDAQ AUROW traded up $0.00 during trading hours on Friday, hitting $0.09. 5,526 shares of the company’s stock were exchanged, compared to its average volume of 51,528. The business’s 50 day moving average is $0.23 and its 200-day moving average is $0.28. Aurora Innovation has a 12-month low of $0.08 and a 12-month high of $0.87.

Aurora Innovation Company Profile

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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.

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