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

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 3,795 shares, a drop of 44.0% from the February 26th total of 6,773 shares. Based on an average daily volume of 26,937 shares, the short-interest ratio is currently 0.1 days.

Dragonfly Energy Trading Up 9.9%

Dragonfly Energy stock traded up $0.00 during mid-day trading on Friday, reaching $0.04. 39,826 shares of the company traded hands, compared to its average volume of 50,006. The firm’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.09. Dragonfly Energy has a fifty-two week low of $0.01 and a fifty-two week high of $0.28.

About Dragonfly Energy

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.