Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Short Interest Up 140.3% in December

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 256,400 shares, an increase of 140.3% from the December 15th total of 106,700 shares. Based on an average daily volume of 164,600 shares, the short-interest ratio is currently 1.6 days. Approximately 4.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Bullfrog AI

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

Bullfrog AI Stock Down 2.1 %

Shares of NASDAQ BFRG traded down $0.05 during midday trading on Thursday, reaching $2.11. 60,509 shares of the company’s stock traded hands, compared to its average volume of 217,745. The stock’s 50 day simple moving average is $2.25 and its 200-day simple moving average is $2.41. Bullfrog AI has a one year low of $1.43 and a one year high of $8.35. The company has a market cap of $18.33 million, a price-to-earnings ratio of -2.48 and a beta of 0.13.

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.