Short Interest in Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Increases By 102.5%

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 4,940,000 shares, anincreaseof102.5% from the July 31st total of 2,440,000 shares. Currently,8.5% of the shares of the company are sold short. Based on an average trading volume of 28,730,000 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 28,730,000 shares, the short-interest ratio is currently 0.2 days. Currently,8.5% of the shares of the company are sold short.

Dragonfly Energy Stock Down 5.9%

NASDAQ DFLI opened at $0.28 on Friday. The company’s 50 day moving average is $0.26 and its 200-day moving average is $0.59. The firm has a market cap of $16.97 million, a P/E ratio of -0.07 and a beta of -0.64. Dragonfly Energy has a 12-month low of $0.15 and a 12-month high of $5.78.

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 analysts’ consensus estimates of ($1.29) by $0.71. The business had revenue of $16.25 million for the quarter, compared to analyst estimates of $14.68 million. Dragonfly Energy had a negative net margin of 55.84% and a negative return on equity of 1,257.09%. Dragonfly Energy has set its Q3 2025 guidance at EPS. Equities analysts expect that Dragonfly Energy will post -6.48 EPS for the current year.

Analyst Ratings Changes

DFLI has been the topic of several research reports. Wall Street Zen raised shares of Dragonfly Energy to a “sell” rating in a research report on Saturday, July 26th. Canaccord Genuity Group lowered their price objective on shares of Dragonfly Energy from $3.00 to $1.50 and set a “buy” rating on the stock in a research report on Friday, May 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1.50.

Dragonfly Energy Company Profile

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.