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

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 8,647 shares, an increase of 110.9% from the June 30th total of 4,101 shares. Based on an average daily trading volume, of 14,722 shares, the days-to-cover ratio is presently 0.6 days.

Dragonfly Energy Trading Up 12.3%

NASDAQ:DFLIW traded up $0.00 during trading hours on Tuesday, reaching $0.04. 34,588 shares of the stock were exchanged, compared to its average volume of 30,680. Dragonfly Energy has a twelve month low of $0.02 and a twelve month high of $0.28. The firm has a 50 day moving average of $0.04 and a 200 day moving average of $0.05.

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.