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

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 5,602 shares, a decrease of 80.8% from the January 29th total of 29,151 shares. Based on an average daily volume of 91,578 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 91,578 shares, the short-interest ratio is currently 0.1 days.

Dragonfly Energy Stock Up 10.0%

Shares of NASDAQ:DFLIW traded up $0.00 during midday trading on Wednesday, reaching $0.04. 2,764 shares of the company’s stock were exchanged, compared to its average volume of 55,161. Dragonfly Energy has a fifty-two week low of $0.01 and a fifty-two week high of $0.28. The firm’s 50 day simple moving average is $0.07 and its two-hundred day simple 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.