Aurora Innovation (AUR) shares are down 4.18% to $6.18 as of 1:15 pm on Tuesday, compared to its previous close of $6.45 on November 25th. The decline comes after Wolfe Research initiated coverage of the company with a neutral view earlier in the day. This neutral stance may have tempered investor enthusiasm, contributing to the stock's downward movement.
Additionally, Aurora Innovation's short interest data reveals that 83.91 million shares are currently sold short, representing 8.85% of the float. While this marks a 6.35% decrease in short interest from the previous month, the short interest ratio remains high at 9.6 days to cover, indicating significant bearish sentiment among investors.