Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Short Interest Down 18.9% in January

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw 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 trading volume, of 54,253 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 54,253 shares, the short-interest ratio is presently 0.5 days.

Dragonfly Energy Stock Performance

DFLIW traded up $0.00 during midday trading on Monday, reaching $0.04. 17,601 shares of the company were exchanged, compared to its average volume of 61,967. Dragonfly Energy has a one year low of $0.01 and a one year high of $0.28. The company’s fifty day moving average price is $0.08 and its 200 day moving average price is $0.09.

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.