Dragonfly Energy Holdings Corp. (NASDAQ:DFLIW – Get Free Report) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 3,389 shares, a decline of 53.0% from the May 14th total of 7,206 shares. Based on an average daily trading volume, of 16,374 shares, the short-interest ratio is presently 0.2 days.
Dragonfly Energy Stock Down 2.5%
Dragonfly Energy stock traded down $0.00 during mid-day trading on Friday, reaching $0.04. The company’s stock had a trading volume of 7,992 shares, compared to its average volume of 35,664. Dragonfly Energy has a 12-month low of $0.01 and a 12-month high of $0.28. The firm’s fifty day moving average price is $0.04 and its two-hundred day moving average price is $0.06.
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.
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