Bullfrog AI Holdings, Inc. (NASDAQ:BFRGW) Shares Shorted: Short Interest Up 196.7% in September

Bullfrog AI Holdings, Inc. (NASDAQ:BFRGW) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 6,845 shares, a growth of 196.7% from the September 15th total of 2,307 shares. Based on an average daily trading volume, of 124,997 shares, the days-to-cover ratio is presently 0.1 days.

Bullfrog AI Stock Performance

Shares of NASDAQ BFRGW opened at $0.15 on Wednesday. Bullfrog AI has a 52 week low of $0.08 and a 52 week high of $0.65. The stock’s fifty day moving average is $0.12 and its 200 day moving average is $0.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Bullfrog AI stock. Citadel Advisors LLC bought a new position in shares of Bullfrog AI Holdings, Inc. (NASDAQ:BFRGW) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 361,546 shares of the company’s stock, valued at approximately $257,000.

Bullfrog AI Company Profile

BullFrog AI Holdings, Inc is an artificial intelligence and machine-learning company focused on applications in healthcare and medicine. The company develops tools designed to analyze complex biomedical and clinical datasets, with the goal of supporting precision medicine, drug development and improved healthcare decision-making.

Its principal platform, bfLEAP, is intended to help pharmaceutical companies, biotechnology companies, researchers and healthcare organizations identify patterns in large and varied datasets.