Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Sees Large Decline in Short Interest

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 83,305 shares, a drop of 29.9% from the November 30th total of 118,804 shares. Based on an average trading volume of 114,468 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 114,468 shares, the days-to-cover ratio is currently 0.7 days.

Dragonfly Energy Price Performance

Shares of NASDAQ:DFLIW traded down $0.00 during trading on Monday, hitting $0.10. 2,898 shares of the stock were exchanged, compared to its average volume of 165,391. Dragonfly Energy has a 1-year low of $0.01 and a 1-year high of $0.28. The company’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.08.

Dragonfly Energy Company Profile

Dragonfly Energy Holdings, Inc is a technology-focused energy storage company specializing in the development, manufacture and distribution of advanced lithium iron phosphate (LiFePO4) battery systems. The company’s core business involves designing scalable battery modules and packs that integrate proprietary battery management software to optimize performance, safety and longevity. Dragonfly Energy’s products are engineered to deliver high energy density, rapid charging capabilities and deep discharge cycles, positioning them as an alternative to traditional lead-acid and other lithium-ion chemistries.

The company’s product portfolio spans residential energy storage systems for home solar and backup power, as well as mobile power solutions for recreational vehicles, marine applications, specialty vehicles and off-grid installations.