Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Short Interest Down 15.0% in March

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 550,568 shares, a decline of 15.0% from the February 26th total of 647,761 shares. Based on an average daily volume of 146,928 shares, the days-to-cover ratio is currently 3.7 days. Currently, 5.8% of the company’s stock are sold short.

Institutional Trading of Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC acquired a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned approximately 0.89% of Bullfrog AI as of its most recent filing with the SEC. 0.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bullfrog AI in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Bullfrog AI presently has a consensus rating of “Sell”.

Bullfrog AI Stock Down 3.6%

NASDAQ BFRG opened at $1.62 on Thursday. Bullfrog AI has a 52 week low of $0.43 and a 52 week high of $2.20. The firm has a 50 day moving average of $0.63 and a two-hundred day moving average of $0.96. The stock has a market capitalization of $20.51 million, a PE ratio of -2.57 and a beta of -2.33.

Bullfrog AI (NASDAQ:BFRG) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.12) earnings per share for the quarter.

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.