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

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3,250,000 shares, a decrease of 32.6% from the August 31st total of 4,820,000 shares. Approximately 5.6% of the shares of the stock are sold short. Based on an average daily volume of 23,610,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 23,610,000 shares, the short-interest ratio is presently 0.1 days. Approximately 5.6% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Dragonfly Energy to a “hold” rating in a report on Friday, September 26th. Weiss Ratings restated a “sell (e+)” rating on shares of Dragonfly Energy in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1.50.

Dragonfly Energy Price Performance

NASDAQ DFLI opened at $1.89 on Monday. The stock’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.43. Dragonfly Energy has a fifty-two week low of $0.15 and a fifty-two week high of $5.78. The firm has a market cap of $116.66 million, a P/E ratio of -0.49 and a beta of -0.36.

Dragonfly Energy (NASDAQ:DFLI) last posted its earnings results on Thursday, August 14th. The company reported ($0.58) earnings per share for the quarter, topping the consensus estimate of ($1.29) by $0.71. The company had revenue of $16.25 million during the quarter, compared to analyst estimates of $14.68 million. Dragonfly Energy has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Dragonfly Energy will post -6.48 EPS for the current year.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.