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

Janover Inc. (NASDAQ:JNVR) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 153,600 shares, a growth of 347.8% from the June 30th total of 34,300 shares. Based on an average daily volume of 332,600 shares, the short-interest ratio is presently 0.5 days. Currently, 3.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Janover

An institutional investor recently bought a new position in Janover stock. Perritt Capital Management Inc. purchased a new position in shares of Janover Inc. (NASDAQ:JNVR) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned approximately 0.35% of Janover at the end of the most recent quarter. 0.48% of the stock is owned by institutional investors.

Janover Stock Performance

Shares of JNVR stock traded up $0.01 during trading on Friday, hitting $0.72. The company had a trading volume of 11,784 shares, compared to its average volume of 164,435. The stock’s 50-day moving average price is $0.88 and its 200 day moving average price is $1.08. Janover has a one year low of $0.70 and a one year high of $3.00. The firm has a market capitalization of $7.92 million and a P/E ratio of -1.63.

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

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.