Janover Inc. (NASDAQ:JNVR) Sees Significant Growth in Short Interest

Janover Inc. (NASDAQ:JNVR) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 45,900 shares, a growth of 43.4% from the May 31st total of 32,000 shares. Based on an average daily volume of 31,800 shares, the short-interest ratio is currently 1.4 days. Currently, 1.0% of the company’s shares are sold short.

Janover Price Performance

JNVR traded up $0.05 during mid-day trading on Monday, hitting $0.82. The stock had a trading volume of 4,217 shares, compared to its average volume of 22,912. The stock’s fifty day simple moving average is $1.00 and its 200-day simple moving average is $1.13. The firm has a market capitalization of $9.07 million and a price-to-earnings ratio of -1.86. Janover has a 1-year low of $0.70 and a 1-year high of $5.50.

Janover (NASDAQ:JNVR) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $0.41 million during the quarter. Janover had a negative net margin of 211.51% and a negative return on equity of 88.39%.

Institutional Investors Weigh In On Janover

An institutional investor recently bought a new position in Janover stock. Perritt Capital Management Inc. acquired a new stake in Janover Inc. (NASDAQ:JNVR) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned 0.35% of Janover as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.48% of the company’s stock.

Janover Company Profile

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.