Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Short Interest Down 48.1% in July

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 120,259 shares, a drop of 48.1% from the June 30th total of 231,862 shares. Based on an average daily trading volume, of 120,217 shares, the short-interest ratio is presently 1.0 days. Approximately 0.8% of the company’s shares are short sold.

Analyst Ratings Changes

Several equities research analysts have issued reports on BFRG shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Bullfrog AI in a research note on Friday, July 17th. Wall Street Zen upgraded shares of Bullfrog AI from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Zacks Research raised shares of Bullfrog AI to a “hold” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Bullfrog AI presently has a consensus rating of “Reduce”.

Bullfrog AI Stock Up 4.5%

NASDAQ BFRG opened at $0.57 on Friday. The stock has a market cap of $10.66 million, a PE ratio of -1.06 and a beta of -2.80. The business has a 50 day moving average price of $0.67 and a two-hundred day moving average price of $0.70. Bullfrog AI has a fifty-two week low of $0.43 and a fifty-two week high of $2.04.

Bullfrog AI (NASDAQ:BFRG) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share (EPS) for the quarter. Sell-side analysts anticipate that Bullfrog AI will post -0.44 EPS for the current fiscal year.

Institutional Trading of Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC acquired a new stake in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned about 0.89% of Bullfrog AI at the end of the most recent reporting period. 0.96% of the stock is currently owned by hedge funds and other institutional investors.

Bullfrog AI Company Profile

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.