Janover Inc. (NASDAQ:JNVR - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 136,000 shares, an increase of 844.4% from the March 31st total of 14,400 shares. Currently, 33.8% of the company's shares are short sold. Based on an average daily volume of 577,400 shares, the short-interest ratio is presently 0.2 days.
Janover Stock Performance
NASDAQ:JNVR traded up $7.79 during midday trading on Thursday, reaching $82.28. 315,259 shares of the stock traded hands, compared to its average volume of 185,434. Janover has a 12-month low of $3.37 and a 12-month high of $83.40. The business has a 50-day moving average of $23.20 and a two-hundred day moving average of $11.23. The stock has a market capitalization of $130.00 million, a PE ratio of -32.14 and a beta of 0.82.
Insiders Place Their Bets
In other news, insider Blake Janover sold 738,632 shares of the company's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $5.42, for a total value of $4,003,385.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 53.87% of the company's stock.
About Janover
(
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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.
Further Reading
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