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

Janover Inc. (NASDAQ:JNVR - Get Free Report) was the recipient of a significant growth in short interest in 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 trading volume, of 577,400 shares, the short-interest ratio is currently 0.2 days. Approximately 33.8% of the shares of the company are sold short.

Insiders Place Their Bets

In related news, insider Blake Janover sold 738,632 shares of Janover stock in a transaction dated 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 filing with the SEC, which can be accessed through this link. 53.87% of the stock is owned by corporate insiders.

Janover Trading Up 4.6 %

JNVR traded up $2.28 during trading hours on Friday, hitting $51.91. The company's stock had a trading volume of 287,982 shares, compared to its average volume of 179,370. The company has a 50-day simple moving average of $19.21 and a 200 day simple moving average of $9.85. The firm has a market capitalization of $76.15 million, a PE ratio of -20.28 and a beta of 0.82. Janover has a fifty-two week low of $3.37 and a fifty-two week high of $79.50.

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.

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