Janover Inc. (NASDAQ:JNVR) Sees Large Decrease in Short Interest

Janover Inc. (NASDAQ:JNVR) saw a large 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 days-to-cover ratio is presently 0.5 days. Currently, 1.4% of the shares of the company are sold short.

Janover Stock Performance

Janover stock traded up $0.03 during midday trading on Friday, reaching $0.58. 41,763 shares of the stock were exchanged, compared to its average volume of 136,940. The firm has a market cap of $6.39 million, a PE ratio of -1.31 and a beta of 2.47. Janover has a 52 week low of $0.42 and a 52 week high of $1.84. The company’s fifty day moving average is $0.55 and its 200-day moving average is $0.82.

Janover (NASDAQ:JNVR) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.07) 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%.

Hedge Funds Weigh In On Janover

A hedge fund recently bought a new stake in Janover stock. Perritt Capital Management Inc. acquired a new position in Janover Inc. (NASDAQ:JNVR) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 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 filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.48% of the company’s stock.

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.