Short Interest in Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Expands By 96.5%

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the recipient of a large increase in short interest in 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. Approximately 7.6% of the company’s shares are sold short. Based on an average trading volume of 624,300 shares, the days-to-cover ratio is currently 0.8 days.

Bullfrog AI Trading Up 15.1 %

NASDAQ:BFRG traded up $0.49 on Thursday, reaching $3.73. 643,317 shares of the stock traded hands, compared to its average volume of 1,211,974. The company’s 50 day moving average is $2.35 and its 200-day moving average is $2.44. Bullfrog AI has a 1-year low of $1.43 and a 1-year high of $5.52. The firm has a market capitalization of $32.49 million, a price-to-earnings ratio of -4.30 and a beta of 0.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bullfrog AI stock. Raymond James Financial Inc. acquired a new stake in Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 15,000 shares of the company’s stock, valued at approximately $30,000. Raymond James Financial Inc. owned 0.17% of Bullfrog AI as of its most recent filing with the SEC. 0.96% of the stock is currently owned by institutional investors and hedge funds.

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.