Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Short Interest Down 41.4% in November

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 108,400 shares, a decline of 41.4% from the November 15th total of 185,000 shares. Based on an average daily trading volume, of 113,400 shares, the short-interest ratio is currently 1.0 days. Currently, 1.7% of the company’s stock are short sold.

Bullfrog AI Stock Performance

Shares of NASDAQ BFRG traded down $0.07 during mid-day trading on Friday, reaching $2.22. The company had a trading volume of 72,888 shares, compared to its average volume of 787,161. Bullfrog AI has a twelve month low of $1.43 and a twelve month high of $8.35. The stock’s 50 day moving average is $2.36 and its 200-day moving average is $2.44. The stock has a market capitalization of $19.34 million, a PE ratio of -2.61 and a beta of -0.02.

Insider Activity at Bullfrog AI

In other Bullfrog AI news, CEO Vininder Singh sold 14,405 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $2.65, for a total value of $38,173.25. Following the completion of the sale, the chief executive officer now owns 2,478,041 shares in the company, valued at $6,566,808.65. This represents a 0.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders have sold 31,603 shares of company stock valued at $82,989. Company insiders own 33.90% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bullfrog AI stock. Renaissance Technologies LLC purchased a new position in shares of Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,800 shares of the company’s stock, valued at approximately $34,000. Renaissance Technologies LLC owned about 0.25% of Bullfrog AI as of its most recent SEC filing. 0.96% of the stock is owned by institutional investors.

About Bullfrog AI

Bullfrog AI Holdings, Inc, through its subsidiaries, operates as a digital biopharmaceutical company that focuses on artificial intelligence and machine learning (AI/ML) driven analysis of data sets in medicine and healthcare in the United States. The company offers bfLEAP, an analytical AI/ML platform for the analysis of preclinical and/or clinical data.