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

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BFRG shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Bullfrog AI in a research report on Monday, April 20th. Wall Street Zen raised shares of Bullfrog AI from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Zacks Research upgraded shares of Bullfrog AI to a “hold” rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Bullfrog AI Stock Up 2.1%

NASDAQ BFRG traded up $0.01 during trading on Friday, hitting $0.65. The stock had a trading volume of 224,836 shares, compared to its average volume of 133,187. The company has a market capitalization of $11.97 million, a PE ratio of -1.20 and a beta of -2.80. The firm has a 50 day moving average price of $0.68 and a 200 day moving average price of $0.72. Bullfrog AI has a twelve month low of $0.43 and a twelve month high of $2.04.

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

Institutional Investors Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC acquired a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned 0.89% of Bullfrog AI at the end of the most recent quarter. 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.