Janover (NASDAQ:JNVR) Shares Down 3.8% – Should You Sell?

Janover Inc. (NASDAQ:JNVR) shares were down 3.8% on Thursday . The stock traded as low as $0.47 and last traded at $0.47. Approximately 35,351 shares were traded during trading, a decline of 85% from the average daily volume of 231,663 shares. The stock had previously closed at $0.49.

Janover Price Performance

The business’s fifty day moving average is $0.57 and its two-hundred day moving average is $0.71.

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) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 SEC filing. 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.