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

Janover Inc. (NASDAQ:JNVR) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 192,900 shares, an increase of 622.5% from the October 31st total of 26,700 shares. Based on an average trading volume of 432,900 shares, the days-to-cover ratio is currently 0.4 days. Approximately 5.0% of the company’s stock are sold short.

Janover Price Performance

Shares of JNVR traded up $0.01 during mid-day trading on Friday, reaching $0.50. The company’s stock had a trading volume of 5,489 shares, compared to its average volume of 227,249. Janover has a 12-month low of $0.42 and a 12-month high of $1.84. The stock has a market cap of $5.59 million, a PE ratio of -1.55 and a beta of 2.53. The company’s 50 day moving average is $0.56 and its 200 day moving average is $0.69.

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.