Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Sees Significant Growth in Short Interest

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 8,162 shares, a growth of 29.2% from the March 31st total of 6,319 shares. Based on an average daily volume of 17,688 shares, the days-to-cover ratio is currently 0.5 days.

Dragonfly Energy Trading Down 4.1%

Shares of DFLIW traded down $0.00 during mid-day trading on Friday, reaching $0.04. The company had a trading volume of 2,620 shares, compared to its average volume of 40,023. Dragonfly Energy has a twelve month low of $0.01 and a twelve month high of $0.28. The company’s 50-day moving average is $0.04 and its 200-day moving average is $0.08.

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.