Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Short Interest Update

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 231,862 shares, a decrease of 42.0% from the June 15th total of 399,479 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 213,863 shares, the short-interest ratio is currently 1.1 days.

Bullfrog AI Stock Down 2.8%

Shares of Bullfrog AI stock traded down $0.02 on Thursday, hitting $0.67. 33,251 shares of the company traded hands, compared to its average volume of 5,626,514. Bullfrog AI has a 12-month low of $0.43 and a 12-month high of $2.04. The company has a 50-day moving average price of $0.68 and a 200 day moving average price of $0.72. The company has a market cap of $12.44 million, a PE ratio of -1.24 and a beta of -2.80.

Bullfrog AI (NASDAQ:BFRG) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter. Equities research analysts anticipate that Bullfrog AI will post -0.44 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wall Street Zen upgraded Bullfrog AI from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Zacks Research upgraded shares of Bullfrog AI to a “hold” rating in a research report on Friday, June 26th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Bullfrog AI in a research report on Monday, April 20th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Bullfrog AI presently has an average rating of “Reduce”.

Institutional Trading of 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) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 owned by institutional investors and hedge funds.

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.