Short Interest in Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Expands By 140.3%

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 256,400 shares, an increase of 140.3% from the December 15th total of 106,700 shares. Based on an average daily volume of 164,600 shares, the short-interest ratio is currently 1.6 days. Approximately 4.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. XTX Topco Ltd purchased a new position in Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 18,580 shares of the company’s stock, valued at approximately $32,000. XTX Topco Ltd owned about 0.24% of Bullfrog AI at the end of the most recent quarter. Hedge funds and other institutional investors own 0.96% of the company’s stock.

Bullfrog AI Trading Up 0.5 %

NASDAQ BFRG traded up $0.01 during trading hours on Tuesday, reaching $2.12. 8,110 shares of the company traded hands, compared to its average volume of 245,574. The stock has a market capitalization of $18.47 million, a PE ratio of -2.48 and a beta of 0.13. Bullfrog AI has a 12 month low of $1.43 and a 12 month high of $8.35. The company has a 50 day moving average of $2.26 and a two-hundred day moving average of $2.41.

About Bullfrog AI

Bullfrog AI Holdings, Inc, through its subsidiaries, operates as a digital biopharmaceutical company that focuses on artificial intelligence and machine learning (AI/ML) driven analysis of data sets in medicine and healthcare in the United States. The company offers bfLEAP, an analytical AI/ML platform for the analysis of preclinical and/or clinical data.