Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Short Interest Down 53.0% in May

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 3,389 shares, a drop of 53.0% from the May 14th total of 7,206 shares. Based on an average daily volume of 16,374 shares, the short-interest ratio is currently 0.2 days.

Dragonfly Energy Price Performance

DFLIW traded down $0.00 during trading on Monday, hitting $0.04. The stock had a trading volume of 12,818 shares, compared to its average volume of 35,456. The stock has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.06. Dragonfly Energy has a twelve month low of $0.01 and a twelve month high of $0.28.

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.