Janover Inc. (NASDAQ:JNVR) Short Interest Up 43.4% in June

Janover Inc. (NASDAQ:JNVR) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 45,900 shares, an increase of 43.4% from the May 31st total of 32,000 shares. Based on an average daily volume of 31,800 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.0% of the company’s stock are sold short.

Janover Stock Performance

Shares of JNVR stock traded up $0.05 during trading hours on Monday, hitting $0.82. 4,217 shares of the company were exchanged, compared to its average volume of 22,912. The stock has a market capitalization of $9.07 million and a price-to-earnings ratio of -1.86. Janover has a one year low of $0.70 and a one year high of $5.50. The business’s 50-day simple moving average is $1.00 and its two-hundred day simple moving average is $1.13.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Janover stock. Perritt Capital Management Inc. acquired a new position in shares of Janover Inc. (NASDAQ:JNVR) in the first quarter, according to its most recent 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 at the end of the most recent reporting period. 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.