Short Interest in Janover Inc. (NASDAQ:JNVR) Decreases By 24.6%

Janover Inc. (NASDAQ:JNVR) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 54,200 shares, a decrease of 24.6% from the September 15th total of 71,900 shares. Based on an average daily trading volume, of 107,300 shares, the short-interest ratio is currently 0.5 days. Approximately 1.4% of the company’s stock are sold short.

Janover Trading Up 4.9 %

JNVR stock traded up $0.03 on Friday, hitting $0.58. The company had a trading volume of 41,763 shares, compared to its average volume of 136,940. The stock’s 50-day simple moving average is $0.55 and its 200 day simple moving average is $0.82. The stock has a market cap of $6.39 million, a price-to-earnings ratio of -1.31 and a beta of 2.47. Janover has a 12-month low of $0.42 and a 12-month high of $1.84.

Janover (NASDAQ:JNVR) last announced its earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share (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 for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Janover stock. Perritt Capital Management Inc. acquired a new stake in shares of Janover Inc. (NASDAQ:JNVR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 currently 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.