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

Janover Inc. (NASDAQ:JNVR - Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 136,000 shares, a growth of 844.4% from the March 31st total of 14,400 shares. Based on an average daily volume of 577,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 33.8% of the shares of the company are sold short.

Janover Stock Performance

Shares of Janover stock traded up $0.70 on Wednesday, hitting $74.49. The company had a trading volume of 340,836 shares, compared to its average volume of 184,175. The stock has a 50 day moving average of $23.20 and a 200-day moving average of $11.23. The stock has a market capitalization of $117.69 million, a price-to-earnings ratio of -29.10 and a beta of 0.82. Janover has a 1 year low of $3.37 and a 1 year high of $79.50.

Insider Activity

In other Janover news, insider Blake Janover sold 738,632 shares of the business'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 transaction of $4,003,385.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 53.87% of the stock is owned by company insiders.

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.