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

Janover Inc. (NASDAQ:JNVR) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 100,400 shares, an increase of 8.7% from the July 31st total of 92,400 shares. Based on an average daily volume of 339,400 shares, the short-interest ratio is currently 0.3 days. Approximately 2.1% 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. bought a new stake in shares of Janover Inc. (NASDAQ:JNVR) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned 0.35% of Janover at the end of the most recent quarter. 0.48% of the stock is currently owned by institutional investors.

Janover Trading Up 4.9 %

Shares of NASDAQ:JNVR opened at $0.48 on Tuesday. The firm’s 50 day moving average is $0.68 and its two-hundred day moving average is $0.97. The firm has a market capitalization of $5.34 million and a P/E ratio of -1.10. Janover has a 52 week low of $0.42 and a 52 week high of $1.84.

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

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.