Short Interest in Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Decreases By 34.0%

Bullfrog AI Holdings, Inc. (NASDAQ:BFRGGet Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 100,400 shares, a drop of 34.0% from the April 15th total of 152,200 shares. Currently, 3.6% of the shares of the company are short sold. Based on an average daily volume of 217,800 shares, the days-to-cover ratio is currently 0.5 days.

Bullfrog AI Price Performance

Shares of NASDAQ:BFRG traded down $0.05 during trading on Tuesday, hitting $2.94. The company’s stock had a trading volume of 64,277 shares, compared to its average volume of 1,806,140. The company has a 50-day moving average of $3.27 and a 200-day moving average of $3.49. The firm has a market cap of $23.08 million, a price-to-earnings ratio of -3.34 and a beta of 0.55. Bullfrog AI has a 12 month low of $2.36 and a 12 month high of $8.35.

Bullfrog AI (NASDAQ:BFRGGet Free Report) last released its quarterly earnings results on Friday, March 29th. The company reported ($0.17) earnings per share for the quarter.

Insider Buying and Selling

In other Bullfrog AI news, CEO Vininder Singh sold 43,056 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $2.99, for a total transaction of $128,737.44. Following the completion of the sale, the chief executive officer now directly owns 2,549,390 shares in the company, valued at approximately $7,622,676.10. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hedge Funds Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. Fortem Financial Group LLC acquired a new position in Bullfrog AI Holdings, Inc. (NASDAQ:BFRGFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 53,300 shares of the company’s stock, valued at approximately $171,000. Fortem Financial Group LLC owned 0.68% of Bullfrog AI as of its most recent SEC filing. Hedge funds and other institutional investors own 0.96% of the company’s stock.

About Bullfrog AI

(Get Free Report)

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.

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