Short Interest in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Decreases By 15.0%

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 550,568 shares, a decrease 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 presently 3.7 days. Approximately 5.8% of the shares of the stock are short sold.

Bullfrog AI Stock Performance

Shares of BFRG opened at $1.57 on Tuesday. The company has a market cap of $19.89 million, a price-to-earnings ratio of -2.29 and a beta of 0.69. The stock has a fifty day moving average price of $0.60 and a two-hundred day moving average price of $0.95. Bullfrog AI has a 52-week low of $0.43 and a 52-week high of $2.20.

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

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Bullfrog AI in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. DRW Securities LLC purchased a new stake in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned approximately 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.