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

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 185,000 shares, a decrease of 27.5% from the October 31st total of 255,300 shares. Currently, 3.0% of the shares of the stock are sold short. Based on an average trading volume of 88,900 shares, the short-interest ratio is currently 2.1 days.

Bullfrog AI Stock Up 0.5 %

Shares of BFRG traded up $0.01 during trading hours on Friday, reaching $2.15. 53,774 shares of the company traded hands, compared to its average volume of 812,323. The stock has a fifty day simple moving average of $2.47 and a 200 day simple moving average of $2.49. Bullfrog AI has a fifty-two week low of $1.43 and a fifty-two week high of $8.35. The stock has a market capitalization of $18.73 million, a PE ratio of -2.53 and a beta of 0.11.

Insider Activity at Bullfrog AI

In other Bullfrog AI news, CEO Vininder Singh sold 14,405 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $2.65, for a total transaction of $38,173.25. Following the completion of the transaction, the chief executive officer now owns 2,478,041 shares of the company’s stock, valued at approximately $6,566,808.65. This trade represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have sold 31,603 shares of company stock valued at $82,989. Insiders own 33.90% of the company’s stock.

Institutional Investors Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. XTX Topco Ltd bought a new position in shares of Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,580 shares of the company’s stock, valued at approximately $32,000. XTX Topco Ltd owned 0.24% of Bullfrog AI at the end of the most recent quarter. 0.96% of the stock is currently owned by institutional investors and hedge funds.

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.