Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW – Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 29,151 shares, a drop of 18.9% from the January 15th total of 35,936 shares. Based on an average daily volume of 54,253 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 54,253 shares, the short-interest ratio is presently 0.5 days.
Dragonfly Energy Stock Performance
DFLIW stock opened at $0.04 on Wednesday. Dragonfly Energy has a 1-year low of $0.01 and a 1-year high of $0.28. The company’s 50 day moving average is $0.07 and its 200 day moving average is $0.09.
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.
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