Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Short Interest Update

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 472,300 shares, an increase of 96.5% from the January 15th total of 240,300 shares. Based on an average daily trading volume, of 624,300 shares, the days-to-cover ratio is currently 0.8 days. Approximately 7.6% of the shares of the stock are sold short.

Bullfrog AI Stock Down 7.8 %

Shares of NASDAQ BFRG traded down $0.31 during midday trading on Friday, reaching $3.65. 3,092,253 shares of the company were exchanged, compared to its average volume of 500,691. Bullfrog AI has a one year low of $1.43 and a one year high of $5.52. The stock has a market cap of $31.79 million, a P/E ratio of -4.29 and a beta of 0.18. The stock’s 50-day moving average price is $2.41 and its 200-day moving average price is $2.46.

Institutional Trading of Bullfrog AI

Several institutional investors have recently modified their holdings of BFRG. Raymond James Financial Inc. bought a new stake in shares of Bullfrog AI in the fourth quarter worth $30,000. Two Sigma Securities LLC bought a new stake in shares of Bullfrog AI in the fourth quarter worth $41,000. Finally, Geode Capital Management LLC grew its stake in shares of Bullfrog AI by 31.0% in the fourth quarter. Geode Capital Management LLC now owns 47,093 shares of the company’s stock worth $94,000 after purchasing an additional 11,140 shares during the last quarter. Institutional investors own 0.96% of the company’s stock.

Bullfrog AI Company Profile

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.