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 drop in short interest during the month of March. As of March 13th, there was short interest totaling 550,568 shares, a drop of 15.0% from the February 26th total of 647,761 shares. Currently, 5.8% of the company’s shares are sold short. Based on an average daily trading volume, of 146,928 shares, the short-interest ratio is presently 3.7 days.

Institutional Inflows and Outflows

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) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned 0.89% of Bullfrog AI as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.96% of the company’s stock.

Bullfrog AI Price Performance

Shares of NASDAQ:BFRG opened at $1.57 on Tuesday. The stock has a market cap of $19.89 million, a price-to-earnings ratio of -2.29 and a beta of 0.69. The company has a 50 day moving average of $0.60 and a 200-day moving average of $0.95. Bullfrog AI has a one year low of $0.43 and a one year high of $2.20.

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.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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.com, the stock presently has a consensus rating of “Sell”.

About Bullfrog AI

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.