Janover (NASDAQ:JNVR) Stock Price Down 3.8% – Time to Sell?

Shares of Janover Inc. (NASDAQ:JNVR) fell 3.8% on Thursday . The company traded as low as $0.47 and last traded at $0.47. 35,351 shares changed hands during trading, a decline of 85% from the average session volume of 231,663 shares. The stock had previously closed at $0.49.

Janover Stock Up 1.1 %

The company’s fifty day moving average is $0.57 and its 200-day moving average is $0.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Janover stock. Perritt Capital Management Inc. bought a new stake in Janover Inc. (NASDAQ:JNVR) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned approximately 0.35% of Janover as of its most recent filing with the Securities & Exchange Commission. 0.48% of the stock is owned by institutional investors and hedge funds.

About Janover

Janover Inc engages in the provision of commercial property financing solutions. It operates an online platform that connects commercial mortgage borrowers, including owners, operators, and developers of commercial real estate and small business borrowers, looking for capital to refinance, build, or purchase commercial properties, including apartment buildings with commercial property lenders, such as banks, credit unions, REITs, debt funds, multifamily lenders, and others looking to deploy capital into commercial mortgages.