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

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,319 shares, an increase of 66.5% from the March 15th total of 3,795 shares. Based on an average daily volume of 42,052 shares, the days-to-cover ratio is currently 0.2 days.

Dragonfly Energy Price Performance

Dragonfly Energy stock traded up $0.00 during midday trading on Tuesday, reaching $0.05. The stock had a trading volume of 20,840 shares, compared to its average volume of 44,949. The stock’s 50-day simple moving average is $0.04 and its 200 day simple moving average is $0.09. Dragonfly Energy has a twelve month low of $0.01 and a twelve 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.