Short Interest in Janover Inc. (NASDAQ:JNVR) Declines By 80.9%

Janover Inc. (NASDAQ:JNVR) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 34,600 shares, a decline of 80.9% from the December 31st total of 181,600 shares. Based on an average daily volume of 61,200 shares, the days-to-cover ratio is currently 0.6 days. Approximately 6.2% of the company’s stock are sold short.

Janover Price Performance

NASDAQ:JNVR traded down $0.13 on Tuesday, hitting $5.31. 30,012 shares of the company’s stock were exchanged, compared to its average volume of 24,253. The company has a market cap of $7.48 million, a P/E ratio of -2.07 and a beta of 1.66. Janover has a 52 week low of $3.37 and a 52 week high of $11.84. The firm has a 50-day moving average price of $5.01 and a 200-day moving average price of $4.82.

Janover (NASDAQ:JNVR) last announced its quarterly earnings results on Wednesday, November 6th. The company reported ($0.32) earnings per share (EPS) for the quarter. The business had revenue of $0.62 million for the quarter. Janover had a negative net margin of 187.64% and a negative return on equity of 71.96%.

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.