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

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

Bullfrog AI Stock Down 2.1 %

Bullfrog AI stock traded down $0.05 during midday trading on Thursday, reaching $2.11. The stock had a trading volume of 60,509 shares, compared to its average volume of 217,745. Bullfrog AI has a 52-week low of $1.43 and a 52-week high of $8.35. The firm has a market cap of $18.33 million, a price-to-earnings ratio of -2.48 and a beta of 0.13. The company has a fifty day moving average of $2.25 and a 200 day moving average of $2.41.

Hedge Funds Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. XTX Topco Ltd acquired a new stake in shares of Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 18,580 shares of the company’s stock, valued at approximately $32,000. XTX Topco Ltd owned approximately 0.24% of Bullfrog AI as of its most recent filing with the Securities & Exchange Commission. 0.96% of the stock is owned by institutional investors.

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.