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

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 256,400 shares, a growth of 140.3% from the December 31st total of 106,700 shares. Based on an average daily trading volume, of 164,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 4.1% of the shares of the stock are short sold.

Bullfrog AI Price Performance

Shares of NASDAQ BFRG opened at $2.26 on Wednesday. The company’s 50-day moving average price is $2.23 and its 200 day moving average price is $2.45. Bullfrog AI has a 52 week low of $1.43 and a 52 week high of $6.38.

Bullfrog AI (NASDAQ:BFRG) last released its quarterly earnings results on Friday, November 8th. The company reported ($0.22) EPS for the quarter.

Institutional Investors Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. Renaissance Technologies LLC acquired a new stake in shares of Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 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 and hedge funds.

Bullfrog AI Company Profile

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.