Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) Short Interest Up 59.4% in September

Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 318,100 shares, an increase of 59.4% from the September 15th total of 199,600 shares. Approximately 6.0% of the company’s shares are sold short. Based on an average daily volume of 205,000 shares, the short-interest ratio is presently 1.6 days.

Bullfrog AI Stock Up 6.7 %

Shares of BFRG traded up $0.17 during trading hours on Friday, reaching $2.70. 50,954 shares of the company traded hands, compared to its average volume of 937,344. Bullfrog AI has a 12 month low of $1.43 and a 12 month high of $8.35. The company’s fifty day moving average price is $2.57 and its two-hundred day moving average price is $2.66. The company has a market capitalization of $21.20 million, a price-to-earnings ratio of -3.07 and a beta of -0.21.

Bullfrog AI (NASDAQ:BFRG) last released its earnings results on Wednesday, August 7th. The company reported ($0.20) earnings per share (EPS) for the quarter.

Insider Activity at Bullfrog AI

In other news, CEO Vininder Singh sold 14,405 shares of Bullfrog AI stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $2.65, for a total value of $38,173.25. Following the sale, the chief executive officer now directly owns 2,478,041 shares in the company, valued at approximately $6,566,808.65. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 31,603 shares of company stock worth $82,989 in the last 90 days. Company insiders own 33.90% of the company’s stock.

Institutional Trading of Bullfrog AI

A number of institutional investors and hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Bullfrog AI in the 2nd quarter valued at approximately $32,000. Renaissance Technologies LLC purchased a new position in shares of Bullfrog AI in the second quarter worth $34,000. Finally, Fortem Financial Group LLC bought a new position in shares of Bullfrog AI during the first quarter valued at $171,000. 0.96% of the stock is currently owned by institutional investors.

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.