Short Interest in Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Decreases By 60.0%

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 33,326 shares, a decrease of 60.0% from the December 15th total of 83,305 shares. Based on an average daily volume of 105,602 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 105,602 shares, the days-to-cover ratio is currently 0.3 days.

Dragonfly Energy Stock Performance

Dragonfly Energy stock traded down $0.01 during midday trading on Thursday, reaching $0.08. The stock had a trading volume of 13,857 shares, compared to its average volume of 36,899. The company has a fifty day moving average price of $0.11 and a two-hundred day moving average price of $0.08. Dragonfly Energy has a 12 month low of $0.01 and a 12 month high of $0.28.

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.