Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Sees Significant Decline in Short Interest

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 314,197 shares, a drop of 19.7% from the December 15th total of 391,037 shares. Currently, 3.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 111,399 shares, the short-interest ratio is presently 2.8 days. Based on an average daily trading volume, of 111,399 shares, the short-interest ratio is presently 2.8 days. Currently, 3.7% of the shares of the stock are short sold.

Bullfrog AI Trading Down 4.0%

Shares of BFRG stock traded down $0.03 on Tuesday, reaching $0.70. The company’s stock had a trading volume of 64,223 shares, compared to its average volume of 2,395,895. The stock’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $1.22. Bullfrog AI has a 1 year low of $0.65 and a 1 year high of $4.84. The company has a market capitalization of $7.93 million, a price-to-earnings ratio of -0.99 and a beta of 0.66.

Bullfrog AI (NASDAQ:BFRG) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.15) EPS for the quarter. The business had revenue of $0.17 million for the quarter.

Institutional Investors Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. Anson Funds Management LP purchased a new position in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,750 shares of the company’s stock, valued at approximately $113,000. Anson Funds Management LP owned about 0.79% of Bullfrog AI as of its most recent SEC filing. Institutional investors own 0.96% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bullfrog AI in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

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.