Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW) Short Interest Up 110.9% in July

Dragonfly Energy Holdings Corp. (NASDAQ:DFLIWGet Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 8,647 shares, a growth of 110.9% from the June 30th total of 4,101 shares. Based on an average daily trading volume, of 14,722 shares, the short-interest ratio is presently 0.6 days.

Dragonfly Energy Stock Performance

Shares of NASDAQ:DFLIW traded down $0.00 during mid-day trading on Thursday, hitting $0.03. 1,104 shares of the company traded hands, compared to its average volume of 31,199. The firm’s 50 day simple moving average is $0.04 and its 200 day simple moving average is $0.04. Dragonfly Energy has a 52-week low of $0.02 and a 52-week high of $0.28.

Dragonfly Energy Company Profile

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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.

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