Short Interest in Janover Inc. (NASDAQ:JNVR) Increases By 21.1%

Janover Inc. (NASDAQ:JNVR) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 121,600 shares, an increase of 21.1% from the August 15th total of 100,400 shares. Based on an average daily trading volume, of 357,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 3.2% of the shares of the company are short sold.

Janover Price Performance

NASDAQ:JNVR traded up $0.04 during trading hours on Tuesday, reaching $0.56. The company had a trading volume of 12,868 shares, compared to its average volume of 143,717. The firm has a market cap of $6.20 million, a PE ratio of -1.22 and a beta of 2.41. Janover has a 1-year low of $0.42 and a 1-year high of $1.84. The business’s 50 day moving average price is $0.61 and its 200-day moving average price is $0.92.

Janover (NASDAQ:JNVR) last posted its earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $0.44 million during the quarter. Janover had a negative net margin of 253.36% and a negative return on equity of 86.05%.

Institutional Investors Weigh In On Janover

A hedge fund recently bought a new stake in Janover stock. Perritt Capital Management Inc. purchased a new position in Janover Inc. (NASDAQ:JNVR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 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 and Exchange Commission. 0.48% of the stock is currently owned by hedge funds and other institutional investors.

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.