Janover Inc. (NASDAQ:JNVR) Short Interest Up 21.1% in August

Janover Inc. (NASDAQ:JNVR) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 121,600 shares, a growth of 21.1% from the August 15th total of 100,400 shares. Based on an average trading volume of 357,600 shares, the short-interest ratio is currently 0.3 days. Currently, 3.2% of the shares of the stock are sold short.

Janover Stock Performance

Shares of JNVR traded up $0.04 during trading hours on Tuesday, hitting $0.56. 12,868 shares of the stock were exchanged, compared to its average volume of 143,717. The stock’s 50-day moving average price is $0.61 and its two-hundred day moving average price is $0.92. Janover has a 12-month low of $0.42 and a 12-month high of $1.84. The company has a market cap of $6.20 million, a price-to-earnings ratio of -1.22 and a beta of 2.41.

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

Institutional Inflows and Outflows

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 fund purchased 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned 0.35% of Janover as of its most recent SEC filing. 0.48% of the stock is owned by 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.