Short Interest in Janover Inc. (NASDAQ:JNVR) Expands By 43.4%

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. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,800 shares, the days-to-cover ratio is presently 1.4 days.

Janover Trading Up 7.0 %

JNVR traded up $0.05 during trading hours on Monday, hitting $0.82. The company’s stock had a trading volume of 4,217 shares, compared to its average volume of 22,912. The business’s 50-day moving average price is $1.00 and its 200-day moving average price is $1.13. Janover has a 12 month low of $0.70 and a 12 month high of $5.50. The stock has a market cap of $9.07 million and a price-to-earnings ratio of -1.86.

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

Institutional Inflows and Outflows

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

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.