Bullfrog AI Holdings Inc. (NASDAQ:BFRG) Short Interest Update

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 120,259 shares, a decline of 48.1% from the June 30th total of 231,862 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 120,217 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

BFRG has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bullfrog AI in a report on Friday, July 17th. Zacks Research raised shares of Bullfrog AI to a “hold” rating in a report on Friday, June 26th. Finally, Wall Street Zen raised Bullfrog AI from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Bullfrog AI Stock Down 1.3%

Shares of Bullfrog AI stock traded down $0.01 on Wednesday, reaching $0.58. 39,908 shares of the stock were exchanged, compared to its average volume of 5,281,682. The business has a 50 day moving average price of $0.67 and a two-hundred day moving average price of $0.70. The firm has a market capitalization of $10.68 million, a price-to-earnings ratio of -1.07 and a beta of -2.80. Bullfrog AI has a twelve month low of $0.43 and a twelve month high of $2.04.

Bullfrog AI (NASDAQ:BFRG) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter. Research analysts forecast that Bullfrog AI will post -0.44 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Bullfrog AI stock. J. Safra Sarasin Holding AG bought a new stake in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 113,720 shares of the company’s stock, valued at approximately $191,000. J. Safra Sarasin Holding AG owned 0.90% of Bullfrog AI at the end of the most recent reporting period. Institutional investors and hedge funds own 0.96% of the company’s stock.

About Bullfrog AI

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.