Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Sees Significant Growth in Short Interest

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 609,219 shares, a growth of 93.9% from the December 31st total of 314,197 shares. Approximately 7.1% of the company’s stock are short sold. Based on an average trading volume of 2,753,871 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 2,753,871 shares, the days-to-cover ratio is currently 0.2 days. Approximately 7.1% of the company’s stock are short sold.

Bullfrog AI Price Performance

Shares of BFRG stock opened at $0.64 on Friday. The stock’s 50-day moving average is $0.91 and its 200 day moving average is $1.18. Bullfrog AI has a 1-year low of $0.61 and a 1-year high of $4.84. The company has a market cap of $7.25 million, a P/E ratio of -0.92 and a beta of 0.66.

Bullfrog AI (NASDAQ:BFRG) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.15) EPS for the quarter. The business had revenue of $0.17 million for the quarter.

Hedge Funds Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. Anson Funds Management LP acquired a new stake in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 80,750 shares of the company’s stock, valued at approximately $113,000. Anson Funds Management LP owned about 0.79% of Bullfrog AI at the end of the most recent quarter. Institutional investors and hedge funds own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

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